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Answer :
Final answer:
The statement regarding conventional project delivery methods eliminating the bidding process is false. Traditional methods include formal bidding, unlike Integrated Project Delivery, which emphasizes collaboration. Understanding these differences can clarify the contract negotiation landscape in construction projects.
Explanation:
Understanding Project Delivery Methods
The statement "As compared to IPD, the conventional project delivery method eliminates the need for a bid/negotiation process" is False.
In traditional project delivery methods, such as Design-Bid-Build, bidding is a critical component of the process. Contractors submit bids based on the finalized plans, and negotiations may occur to finalize contract terms. However, in Integrated Project Delivery (IPD), the focus is on collaboration among stakeholders early in the process, often leading to fewer rigid bidding procedures and a more negotiated approach, involving shared risks and rewards.
Therefore, while conventional methods require a formal bidding and negotiation stage, IPD seeks to streamline this by fostering collaboration, which may reduce the need for extensive bidding processes.
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