Advantages: |
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The Owner has an experienced Contractor leading the
way. |
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The Owner receives early cost input from the Contractor.
Pricing information is provided on conceptual design ideas as they are
developed. |
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A Guaranteed Maximum Price (GMP) can be determined early
in the process, typically right after the scope of the project has been
established. |
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Time can be saved because construction can begin before
the design is completed. For example, the designers can be working on the
interior finishes while the site work and foundations are underway. |
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The need for Change Orders is minimized. |
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Architectural and engineering fees are kept to a minimum
and are known from the beginning of the project. |
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Contractor fees are kept to a minimum and are known from
the beginning of the project. |
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Legal fees are kept to a minimum by eliminating the
adversarial roles. |
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Construction costs are minimized by allowing the
Contractor to utilize the latest systems and methods that the Contractor knows
are cost effective. |
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Misunderstandings are minimized with the Team
approach. |
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The cooperative Team Spirit garners the best ideas from
the Team Members. |
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The Contractor that is responsible for carrying out the
work establishes realistic completion dates. |
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The Owner can take advantage of special services of the
Design Build Team such as preliminary feasibility studies, value engineering
and life cycle cost analysis. |