Re:The US has forgotten how to do infrastructure
by snowwindwaves on Wednesday May 31, 2017 @02:39PM
(#14454872)
those contracts often cost more to the owner though since there is less risk for them.
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Re:The US has forgotten how to do infrastructure
by ethagknight on Wednesday May 31, 2017 @02:56PM
(#14454992)
Design-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.