Organizing and managing project contracts Design-Bid-Build (DBB)
Abstract
Contract management plays a pivotal role in the success of a project. It encompasses the entire project lifecycle, from the planning, design, procurement, and construction phases to acceptance and handover. In reality, there are many errors in the project implementation process related to contract management, such as delays, cost overruns, quality not guaranteed, safety risks, etc. Therefore, the effective implementation of contract management is extremely important and necessary. This article will discuss how to organize and implement a Design- Bid-Build (DBB) project, analyze some typical advantages and disadvantages of each phase in the contract execution process, and provide specific recommendations for each item. The goal is to help readers better understand this popular type of contract, as well as grasp the points to keep in mind to ensure the project implementation process goes smoothly and efficiently.
Keywords: Contract management; project organization; payment; quality management process; contract management in Design - Bidding - Construction project.