Project Delivery Models Flashcards
DESIGN-BUILD is best for:
RISK / COST / TIME
DESIGN-BUILD
Single Contract between the owner and the construction / design entity.
DESIGN-BUILD price:
Determined after concept design.
CM - CONSTRUCTOR is best for:
TIME / COST / RISK
CM-CONSTRUCTOR price:
• Determined as early as 100% DD
• Cost - Plus - Fixed fee w/GMP
• Cost - Plus - Fixed fee w/o GMP
CM - AGENT best for:
RISK / TIME
NEGOTIATED SELECT TEAM
• Contractor is selected early.
• Contract terms determined before CDs are complete.
NEGOTIATED SELECT TEAM is best for:
QUALITY / COST
NEGOTIATED SELECT TEAM price:
Determined after Construction Documents are complete.
BRIDGING is best for:
RISK / QUALITY
BRIDGING
Architect / Engineer is hired as a consultant at the start of process.
• A/E develops project requirements, preliminary and scope drawings.
• A/E reviews work of Design-Build firm on behalf of owner.
BRIDGING price:
Determined after competitive bidding process based on A/E preliminary scope drawings.
COST + FIXED FEE is best for:
SCOPE
COST + FIXED FEE
GC is paid a variable rate determined by labor, material, overhead, and established profit fee. Selected after CDs.
COST + FIXED FEE price:
Final price determined at completion.
