Spire Consulting Group presented at the 53rd annual AACE International 2009 meeting. The 2009 seminar covered all topics related to “Improving Decision Making in a Green World.” Spire’s consultants addressed “Mitigating Contractor & Supplier Cost & Schedule Risk on Power Generation Construction Projects”. The following is a general abstract of the material covered.
Presentation Abstract: Construction of power generation facilities is challenging and unique. As governments and businesses look to expand power generation facilities, meeting schedule and cost goals given the small amount of qualified resources available will be an increasing challenge. As a result, contractors have to be apprised of the increasing challenges faced by its subcontractors and suppliers in constructing alternative energy projects. Ideally, the bid price and schedule should account for the special needs contractors and suppliers may encounter on power projects regarding; quality, submittals, scheduling and coordination, procurement, transportation, change orders, delays and disruptions, unforeseen conditions, nonconforming construction documents and material/equipment fabrication. This presentation provides considerations for what contractors and suppliers need to consider when preparing and negotiating costs, schedules and contracts for working on power generation construction projects.
Location: Seattle, Washington
Time: Monday, June 29 to Wednesday, July 1, 2009
Disclaimer: Publications are intended to be a source of general information on specific topics. The interpretation and application of these publications’ contents may vary from project to project depending upon, but not limited to the executed contract, the parties’ actions or inactions, or other contemporaneous project documents. While the information in these publications is intended but not guaranteed to be accurate, no representations or warranties are made, express or implied, that this information is correct, complete, or up-to-date.