Design Build and Design Bid Build Traditional Project Delivery Methods and Modern Industry Trends. What is Most Efficient?

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 14
- File Size:
- 3653 KB
- Publication Date:
- Jun 13, 2021
Abstract
Contract practices affect cost and schedule of tunneling works, impacting risk allocation between Owners and Contractors. The Authors compiled a dataset of projects constructed in the Toronto Area between 1990–2020 procured either Design-Build or Design-Bid-Build. Data were analyzed identifying independent cost variables across the two methods. Overall industry efficiency further comparison with historical information demonstrates the costs of engineering ongoing escalation due to rising trends in environmental requirements and public consultations stirred through modern communicative platforms. These hard to predict and estimate costs need to be included in the risks evaluated and managed by Owners and not by Contractors
Citation
APA:
(2021) Design Build and Design Bid Build Traditional Project Delivery Methods and Modern Industry Trends. What is Most Efficient?MLA: Design Build and Design Bid Build Traditional Project Delivery Methods and Modern Industry Trends. What is Most Efficient?. Society for Mining, Metallurgy & Exploration, 2021.