Related to guaranteed maximum price contracts

This bill concerns the process for entering into a guaranteed maximum price contract as provided in Code chapter 26A. The bill provides, as part of the selection process of a construction manager-at-risk, that a request for statements of qualifications shall include information on the selection process, which shall include an interview phase, minimum qualification thresholds for a contractor advancing to the interview phase, and a requirement that at least three contractors who meet the minimum qualification threshold shall advance to the interview phase. The bill further provides that the interview phase be conducted and completed prior to issuing a request for proposals from each qualified contractor. The bill also provides that selection criteria relating to the contractor’s experience, past performance, safety record, proposed personnel, and proposed methodology shall be required to be included in the selection criteria. The bill provides that each proposal submitted by a contractor shall include the construction manager-at-risk’s proposed fee methodology and personnel schedule required to manage the requirements of the contract. Current law only requires the construction manager to include proposed fees. In addition, except as provided in the bill relating to proposed fee methodology, the bill provides that fee-based selection of the construction manager-at-risk shall be prohibited. The bill also provides that the construction manager-at-risk, in awarding contracts for work on the project, shall follow the competitive bidding requirements provided in Code chapter and not a request for statements of qualifications process.