Benefits of owner mandated CM/GC contract amendment templates. Issue 3 (6th July 2015)
- Record Type:
- Journal Article
- Title:
- Benefits of owner mandated CM/GC contract amendment templates. Issue 3 (6th July 2015)
- Main Title:
- Benefits of owner mandated CM/GC contract amendment templates
- Authors:
- Feuer, Matt
Glick, Scott
Clevenger, Caroline M - Abstract:
- <abstract> <title> <x content-type="archive" xml:space="preserve">Abstract</x> </title> <sec> <title content-type="abstract-heading">Purpose</title> <p> – The purpose of this paper is to explore how implementing a standardized/owner-mandated template for Construction Manager/General Contractor (CM/GC) contract amendments can minimize errors. The focus is on public owners who manage multiple CM/GC projects at any one time. </p> </sec> <sec> <title content-type="abstract-heading">Design/methodology/approach</title> <p> – A case study format was used to compare contract amendments errors using a baseline project, transition project and best practices project. Six metrics were identified, including factual recital errors, summary formatting errors, schedule of values errors, construction services fee errors, allowance schedule errors and data consistency errors. </p> </sec> <sec> <title content-type="abstract-heading">Findings</title> <p> – The baseline and transition projects both had an average of seven errors per amendment, while the best practices project produced zero errors. The amendment template creation process helped design out common errors. The use of the template can be contract-mandated, while transition projects require owner commitment. </p> </sec> <sec> <title content-type="abstract-heading">Research limitations/implications</title> <p> – Future research should focus on completed projects' closeout data that have been consolidated since the transition project<abstract> <title> <x content-type="archive" xml:space="preserve">Abstract</x> </title> <sec> <title content-type="abstract-heading">Purpose</title> <p> – The purpose of this paper is to explore how implementing a standardized/owner-mandated template for Construction Manager/General Contractor (CM/GC) contract amendments can minimize errors. The focus is on public owners who manage multiple CM/GC projects at any one time. </p> </sec> <sec> <title content-type="abstract-heading">Design/methodology/approach</title> <p> – A case study format was used to compare contract amendments errors using a baseline project, transition project and best practices project. Six metrics were identified, including factual recital errors, summary formatting errors, schedule of values errors, construction services fee errors, allowance schedule errors and data consistency errors. </p> </sec> <sec> <title content-type="abstract-heading">Findings</title> <p> – The baseline and transition projects both had an average of seven errors per amendment, while the best practices project produced zero errors. The amendment template creation process helped design out common errors. The use of the template can be contract-mandated, while transition projects require owner commitment. </p> </sec> <sec> <title content-type="abstract-heading">Research limitations/implications</title> <p> – Future research should focus on completed projects' closeout data that have been consolidated since the transition project was in its final stage and the best practices project was relatively early in the construction process. </p> </sec> <sec> <title content-type="abstract-heading">Practical implications</title> <p> – The findings of this research indicate that by implementing a mature owner-mandated CM/GC contract amendment template, owners can greatly reduce errors that arise during the amendment process. It should be noted, however, that challenges will most likely occur during the implementation phase. </p> </sec> <sec> <title content-type="abstract-heading">Originality/value</title> <p> – No similar studies were found and the results of the research informs Facilities Management departments that they can significantly reduce errors by utilizing a mature, owner-mandated template for CM/GC contract amendments.</p> </sec> </abstract> … (more)
- Is Part Of:
- Journal of facilities management. Volume 13:Issue 3(2015)
- Journal:
- Journal of facilities management
- Issue:
- Volume 13:Issue 3(2015)
- Issue Display:
- Volume 13, Issue 3 (2015)
- Year:
- 2015
- Volume:
- 13
- Issue:
- 3
- Issue Sort Value:
- 2015-0013-0003-0000
- Page Start:
- 282
- Page End:
- 296
- Publication Date:
- 2015-07-06
- Subjects:
- Facility management -- Periodicals
658.2005 - Journal URLs:
- http://proquest.umi.com/pqdweb?RQT=318&pmid=50145 ↗
http://www.emeraldinsight.com/info/journals/jfm/jfm.jsp ↗
http://www.emeraldinsight.com/journals.htm?issn=1472-5967 ↗
http://www.emeraldinsight.com/ ↗
http://firstsearch.oclc.org ↗ - DOI:
- 10.1108/JFM-03-2014-0009 ↗
- Languages:
- English
- ISSNs:
- 1472-5967
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4983.624000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 4018.xml