State loosens NYC’s bidding rules for capital projects, at Adams’ urging

Gov. Kathy Hochul has signed two bills aimed at speeding up the city’s famously sluggish capital process — a win for Mayor Eric Adams’ administration, which pushed for the changes in hopes of expediting big construction projects and driving down their costs.The most significant bill signed into law Nov. 22, will let the city use two new methods for signing with builders and contractors. One, known as progressive design-build, lets the city choose contractors earlier in the process, before it has finalized the price and scope of a project. The other, construction-manager build, lets a single construction firm manage a project and control its underlying contracts for labor and materials, which can shave time off the procurement process and reduce the risk of unexpected costs.The Adams administration has said it would use progressive design-build to construct about $9 billion in climate projects, like completing the greenway around Manhattan and resurfacing a buried stream in the Bronx. And it would use construction manager-build to outfit libraries and cultural institutions with climate-resilient materials, with bidding for those not-yet-specified projects set to begin in 2025.“The old system of announcing a project — and then waiting years upon years — is finally a thing of the past,” said Meera Joshi, the deputy mayor for operations, in a statement.Since 2021, the city has already had the limited ability to sign design-build contracts for some projects, allowing the... Continue reading at 'Crains New York'

[ Crains New York | 2024-12-02 18:13:11 UTC ]

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