Design/Build
Description:
Under this approach, the client hires the builder and architect/engineer as one design/build contractor entity, who may be selected either before or after the price has been established. In cases where the price is established first, the design/build contractor will typically submit a fee based on a schematic level design developed by another party. When the price is established later in the process, the design/build contractor is typically selected on the basis of qualifications and fees. Once selected, the design/build team works together to develop the project and budget. When a sufficient amount of the design has been completed, a lump sum or Guaranteed Maximum Price (GMP) for the project can be established.
Pros:
- Saves time, enables fast-track delivery (construction can begin before design is complete)
- Single-source accountability
- Phased construction possible
- Early GMP eliminates client concerns of cost overruns
- Streamlined communications and accelerated decision-making
- Superior quality assurance and reduced change orders
- Maximum design to budget reconciliation
Cons:
- Reduced “checks and balances” between design and construction teams
- Client may sacrifice some control over the project design
- Design is completed after GMP is determined
