Quote:
Originally Posted by V
What are you talking about? Virtually every project I've ever worked on for the City, whether for Parks, TI or other has alway been fixed bid. In fact, I'm surprised due to the political nature of this project that they don't have to pay a certain amount per day for being late.
The City would be crazy to offer up any project these days at cost plus. I don't think TILMA would allow it.
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http://www.calgaryherald.com/news/We...482/story.html
Sure doesnt appear to be fixed bid, otherwise the contractor wouldnt have much luck recouping their costs for rework. On a project like this, it would be tough for a bidder to put a reasonable price lump sum. They would have a lot of contingency buried so they didnt lose their shirts.