3 ms·
those contracts often cost more to the owner though since there is less risk for them.
by snowwindwaves 9y ago
those contracts often cost more to the owner though since there is less risk for them.
- ethagknight 9y agoDesign-Build does not necessarily cost more, because each entity carries the same risk as if they were separate (architect and GC). However, with a Design-Build GMP, which is what we typically use on our developments, that costs a premium, but its a cost we can be comfortable with on the front end, so I will (and do!) gladly pay a premium for a guaranteed cost of construction, particularly since the contractor has the significant information advantage on dealing with problem that arise.