Innovative Contracting Methods

 

Innovative Contracting incorporates new practices to supplement traditional low-bid, design-bid-build contracting.   Innovative contracting can decrease project delivery time, reduce construction time, improve safety, incorporate innovation, and reduce costs.

 

 

Innovative Contracting Guidelines

• Innovative Contracting Guidelines (Dec 2008)

• Constructability Review Guidelines
• Partnering Guidelines

 

Innovative Contracting Methods

• Design-build
• A + B (cost + time) bidding
• Lane rental
• Best-Value Contracting
• Construction Manager / General Contractor (CMGC)

• Incentives - Early Completion
• Incentives - No Excuse Bonus
• Warranties
• Pay for performance

 

Reports

• Innovative Contracting in Minnesota, 2000-2005