Outline

P.G. Ioannou

Outline

COURSE OUTLINE

Instructor

P.G. Ioannou, PhD, PE
Professor of Civil and Env. Engineering
2350 G.G. Brown
764-3369

Web site:

www.umich.edu/~cee431

Textbook:

Construction Contracting: A Practical Guide to Company Management, 7th Edition
Author(s): Richard H. Clough; Glenn A. Sears; S. Keoki Sears
ISBN: 0471449881
ISBN13: 9780471449881
Copyright: 03/01/2005

Lecture Topics

Segments of the construction industry

Methods of contracting for construction

Single and separate

Competitive and negotiated

Phased construction, construction management

Construction estimating

Recap and summary sheet

Labor costs

Estimate format – detailed estimate

Equipment costs

Construction bidding practices

Lump sum bids

Unit price bids

Subcontracts

Construction scheduling

Project networks (homework assignment)

Scheduling calculations (homework assignment)

Construction contracts

Form of construction contracts

General conditions of the contract (AIA A201)

Contract administration

Construction bonds: bid, performance, payment

Construction insurance: property, liability, employee

Forms of ownership of construction firm

Construction business management

Firm management

Project management

Financial management

Accounting and financial statements

Depreciation

Construction contracting income

Cost accounting and control

Labor and equipment time cards

Variances

Lab Project: Preparation of lump sum bid for Fire Station No. 6

Students form teams of three persons and prepare a detailed estimate for each of the items below.
The final proposal for the project (lump-sum bid) is based on students' estimates and actual subcontract prices.

Project Assignments

Project Description

Concrete (flatwork)

Concrete (remainder)

Excavation

Final Proposal

The majority of project discussion occurs during lab hour. Some project discussion is mixed with class lectures.
Plans and specifications for this project and the Means Estimating Handbooks are available in the Construction Lab (1340 GG Brown).
Electronic copies of the plans and specifications can be downloaded (and printed) from the course website.
The course GSI is available for help with any questions regarding the project.

Course grade (approximate)

Midterm Exam	30%
Final Exam	40%
Project & Homework	30%

(Students must pass exams to pass course)

Univ. of Michigan | College of Engineering | Civil & Env. Eng. | CEM | Acrobat Reader
This page last updated by P.G. Ioannou on 11/11/07