11.10.2014 Views

Alternative Project Delivery - Texas Water Development Board

Alternative Project Delivery - Texas Water Development Board

Alternative Project Delivery - Texas Water Development Board

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Appendix A<br />

EPC: Engineer-Procure-Construct project delivery method.<br />

- L -<br />

Life Cycle <strong>Project</strong> Costs: The estimated total project capital and operational costs<br />

associated with a project throughout the useful life of the project.<br />

- O -<br />

Operator: A firm or business organization that operates a project facility or facilities.<br />

Owner: An individual or entity that owns a real property and/or a facility.<br />

Owner’s Agent: A consulting firm that is retained by an Owner to prepare or assist<br />

with the preparation of procurement documents (RFQs, RFPs, <strong>Project</strong> Criteria,<br />

contracts) in order to implement an alternative project delivery.<br />

Owner's Representative: A firm with the expertise and resources to provide the<br />

construction phase engineering services, construction monitoring and contract<br />

administration, and other construction oversight services of project on behalf of the<br />

Owner.<br />

- P -<br />

Performance Guarantee: An assurance of the quality or the length of use to be<br />

expected from a product or facility offered for sale often with a promise of<br />

reimbursement.<br />

Procurement Advisor: A consulting firm that provides guidance and assistance to an<br />

Owner for selection, development and execution of a procurement for a facility via an<br />

alternative project delivery method. The Procurement Advisor can act solely in an<br />

advisory role or as the Owner’s Agent.<br />

<strong>Project</strong> Criteria: The basis of design, design criteria, engineering drawings,<br />

diagrams, performance specifications and other information that are used to define the<br />

Owner’s project requirements.<br />

<strong>Project</strong> Guarantor: A firm that is a DBO Contractor project participant or an<br />

affiliated company that pledges a financial performance guarantee for a project. The<br />

<strong>Project</strong> Guarantor accepts responsibility for fulfilling the obligations of the entire<br />

project.<br />

- R -<br />

Resident Engineer: An individual permanently assigned at a job site for the purpose<br />

of representing the Owner’s interests during the construction phase, including<br />

providing an official examination or review of the work completed.<br />

RFP: Request for Proposal.<br />

RFQ: Request for Qualifications.<br />

A-2 <strong>Texas</strong> <strong>Water</strong> <strong>Development</strong> <strong>Board</strong> B1381

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!