Private Seminar: Understanding Design Build Contracts
Design Build Contracts offer the project stakeholders unique advantages compared with the standard Bid-Build Fixed Price methodology. This course provides a detailed understanding of when and how to utilize these contracts to achieve successful project outcomes.
Audience:
Construction Owners, Consultants, Project Managers, Accountants, and Contract Administrators.
Course Duration:
3-4 hours of lessons with instructor.
Education credits:
The course is eligible for 1 CCA Gold Seal education credits upon completion.
At the end of the course participants will be able to:
- Understand the purpose and advantages of using design-build contracts
- Understand CCDC 14 and CCDC 15 contracts
- Understand various other types of other design-build configurations such public-private partnerships and CCDC 30 Integrated Project Delivery contracts
- Understand what is included and excluded from a Guaranteed Maximum Price (GMP)
- Understand how the consultants and construction team work together within the design-build team to proactively minimize changes and maintain construction efficiency and flow