The
total project cost is established during the initial
stages of project development. Before a contract
is signed, a Guaranteed Price is determined based
on an agreed-to scope of work. The Owner is then
fully protected against cost over-runs that may
occur throughout the project duration.
•
Cost
savings are generated through innovative design
and competitive tendering of sub contracts. Proven
and practical construction techniques that have
been developed over the years of designing and
constructing buildings are incorporated into the
design. Value is guaranteed by competitively tendering
the major portions of the work.
•
Design-Build
traditionally has offered lower fees to cover design
costs, overhead charges, and profit margin. Fees
are substantially less than those charged in the
traditional design and tender route.
•
The
Fast-Track construction process permits an earlier
completion date by overlapping design and construction
schedules and pre-ordering the critical components.
This results in earlier occupancy date, saving
the Owner rental or interest charges, or resulting
in earlier revenue streams.
