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Maryland reveals Francis Scott Key Bridge replacement design: 'A beacon of perseverance'

Archinect

We covered the cost of the design contract last year after the AP reported it at $73 million. The estimated project cost to completion is between $1.7 This is a cable-stayed bridge that will stand as a "beacon of perseverance," according to Lt. Aruna Miller. h/t The Baltimore Banner )

Contract 288
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NYC announces $7 billion design and construction contracts for two borough-based jails

Archinect

The New York City Department of Design and Construction has issued two new contracts for what will become the first two facilities in the city's progressive borough-based jails system. The total cost of replacing Rikers Island , which has turned into a human rights eyesore, is estimated at under $15.5 The bids from Leon D. for the $3.9

Contract 264
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Golden Gate Bridge finally installs anti-suicide nets after years of delay

Archinect

It then hit further delays in the form of a contractor’s breach-of-contract lawsuit arising from significant cost overruns, which drove the installation's final price from $142 million to the $400 million final reported estimate.

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Construction Contracts: What to Know About Estimates vs. Bids

Santa Cruz Architect

One of the most crucial decisions homeowners face is how to structure the contract with their contractor. Understanding the nuances between different contract types, particularly fixed-price contracts (bids) and time and materials (T&M) contracts, is essential for managing costs effectively and ensuring the project’s success.

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$118 million mixed-use affordable housing complex breaks ground in Brooklyn

Archinect

Total construction costs for the complex are estimated at $118 million. The development team includes contracting firm Mega Development, non-profit industrial developer Greenpoint Manufacturing and Design Center, and The Bridge, a non-profit organization that provides rehabilitative services throughout New York City.

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China will build replacement for Gensler soccer stadium design in Guangzhou following Evergrande debt scramble

Archinect

China Construction Fourth Engineering Division won the engineering procurement construction contract to build the Guangzhou Football Park with a CNY2.4 Previously on Archinect: One of China's largest property developers is roiled in a Lehman-esque debt spiral The estimated cost of the original design it replaces was $1.7

Building 264
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Key Components Of Construction Contract Documents

The Architecture Designs

Contracts usually determine the amount of work to be done, highlight important dates, and the amount of money owed. Construction contracts are a different story altogether. These contracts differ based on the project’s scope, delivery, schedule, budget, and the parties involved. What is a Construction Contract?