Easily Replace Alternative Choice into the Building Contract

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How to Replace Alternative Choice into the Building Contract

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What is alternative contracting methods?

An alternative contracting method is an alternative to the design-bid-build or low-bid process, whereby the agencys selection of a construction contractor is not only on the basis of price, but other factors such as time, qualifications or a contractors approach to the project work.

What is a substitution request?

Request for Substitution . Any request by Contractor, pursuant to Article 3.25 of this Agreement, to provide a substitute for a Named Product. Retention - A defined percentage of the Service Work Order Sum held by the Owner pending Completion of the Work.

What is an alternative form of bidding?

Definition of alternative bids Alternative bid is an offer made by a bidder in addition to or as a substitute to its original bid which may be included as part of its original bid or submitted separately therewith for purposes of bidding.

What does the term alternate mean in construction?

An alternate is a defined portion of the Work that is priced separately and thus provides an option for the Owner in determining the final scope of the Project.

What does add alt stand for construction?

An additional item of work that is priced out by a consultant/subcontractor during the contract negotiation or bid process, but isnt yet part of the scope of work.

What is alternative procurement in construction?

Alternative Procurement Methods involve the acquisition of Deliverables through methods other than the Standard Procurement Method normally required for the type and value of the required Deliverables.

What is an alternate in a contract?

Alternate: An amount proposed by bidders and stated on the Bid Form for certain work defined in the bidding requirements that may be added to or deducted from the base bid amount if Owner decides to accept a corresponding change either in the amount of construction to be completed or in the products, materials,

What does alternative mean in construction?

An alternate is a defined portion of the Work that is priced separately and thus provides an option for the Owner in determining the final scope of the Project. Alternates provide the Owner with a choice between different products or can define the addition or deletion of a portion of the Work.

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