A single prime, cost-plus construct...

A single prime, cost-plus construction contract was awarded to the construction team partnership of BMW Constructors, Shiel Sexton Co and ERMCO Inc. The "plus' portion of the "cost plus" was defined as overhead and profit (or fee) and was 100 percent at risk. The partnership could earn as abundant as 100 percent of its potential pay depending on its performance in four areas: take away from schedule, safety and minority business enterprise (MBE) participation.

The partnership earned 94 percent of its total potential fief Subcontractors were prequalified, and each decided