Which statement best describes the advantages of a negotiated select team?

Prepare for the Amber Book Practice Management Test with engaging multiple choice questions, detailed explanations, and study guides. Sharpen your skills and boost your confidence for the PcM exam. Get ready to ace your test!

Multiple Choice

Which statement best describes the advantages of a negotiated select team?

Explanation:
The idea being tested is how early contractor involvement through a negotiated select team improves project outcomes. By selecting a small number of prequalified firms and negotiating with them from the start, the owner benefits from faster delivery and better constructability because the contractor can contribute during design and planning. Since there’s no competitive bid on the final price, costs are not driven down by bidding pressure, so the overall price can be higher or less predictable compared with a traditional bid-based approach. This combination of speed and quality gains with the trade-off of potentially higher, less certain costs makes the described statement the best fit. It isn’t about being cheaper than design-bid-build or slower; it doesn’t eliminate contractor involvement, and it isn’t the same as design-build, where a single entity handles both design and construction.

The idea being tested is how early contractor involvement through a negotiated select team improves project outcomes. By selecting a small number of prequalified firms and negotiating with them from the start, the owner benefits from faster delivery and better constructability because the contractor can contribute during design and planning. Since there’s no competitive bid on the final price, costs are not driven down by bidding pressure, so the overall price can be higher or less predictable compared with a traditional bid-based approach. This combination of speed and quality gains with the trade-off of potentially higher, less certain costs makes the described statement the best fit.

It isn’t about being cheaper than design-bid-build or slower; it doesn’t eliminate contractor involvement, and it isn’t the same as design-build, where a single entity handles both design and construction.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy