The United States Army Corps of Engineers, Japan District is hosting a Virtual Industry Day to brief industry on innovative strategies and alternative delivery methods, including Firm-Fixed-Price with Economic Price Adjustment, Integrated Design and Construction, Progressive Design-Build, and Design-Build to Budget. The purpose of the event is to seek industry feedback and improve the acquisition approach. The event will feature presentations, open forum questions and answers, and an opportunity for industry participants to provide feedback. Some key points to consider are:
• The use of Firm-Fixed-Price with Economic Price Adjustment to manage volatility in labor, material, and commodity costs.
• The benefits of Integrated Design and Construction, including collaboration, risk-sharing, and improved outcomes.
• The potential for Progressive Design-Build and Other Transaction Authority to allow for early contractor involvement and progressive pricing.
• The possibility of using Design-Build to Budget to fix the budget and schedule while allowing scope and design to be optimized.
• The importance of industry feedback in shaping the acquisition approach and improving outcomes.
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