This course has been converted to Virtual delivery
Awarding to the low bidder on a public construction project means the public agency gets the lowest price and the best deal for the taxpayers. Right? Or does it? There are many challenges with ensuring effective contractor performance on low bid projects. So are public agencies at the mercy of unscrupulous and less than qualified contractors? Fortunately, there are a number of tools available that can help protect public agencies on public construction projects. In this course, we will examine a host of key practices, protections, and strategies that help protect the public’s interests and provide leverage to help ensure the contractor performs satisfactorily.
Upon successful completion of this course participants will be able to:
1. Identify the protection offered by various types of surety bonds and how to obtain maximum protection from them
2. Structure bidder responsibility criteria in order to limit the chance of an unqualified contractor being awarded the project
3. Articulate the key components of a contractor performance evaluation program that can be used to find a low bidder not a responsible contractor
4. Write addenda to the bid documents that are clear and easily understood by bidders
Identify key costs that may be included in an agency’s establishment of a daily liquidated damages amount
1. Is the Contractor Qualified?
-Establish Bidder Responsibility Criteria
-Specification Qualification Requirements
-Subcontractor Approval Process
2. How Can You Manage the Bidding Process?
-Develop Clear Bidding Documents
-Optional vs. Mandatory Pre-Bid Meetings
-Craft Clear Addenda
-Accept Bidder’s Claim of Error
3. How Can Bonding Companies Help?
-Bid Bonds and Other Bid Guaranties
4. What Financial Tools Are at Your Disposal?
-Determine and Assess Liquidated Damages
-Assess Actual Damages
-Obtain Release of Claims Prior to Payments
5. What Are Effective Construction Management Practices?
-Avoid Front-Loaded Schedule of Values
-Inspect Work Performed
-Review Pay Applications for Work Completed
-Manage Claims Process
Control Change Orders Approved
6. Can You Evaluate Contractor Performance?
-Features of Effective Contractor Performance Evaluation Programs
-Using Results from Contractor Evaluations
-When Can You Award Based on Price and Qualifications?
-Best Value Procurement
-Construction Manager at Risk
-Job Order Contracting