Competitive Bid -(Design – Bid – Build)
This method can be best described as a situation when the Owner hires an architect to design the project in its entirety, creating both a plan and specifications identifying all project parameters. The next step is to competitively bid the project after which the owner hires a separate firm to serve as the general contractor. Project award is based on the lowest responsive bid to deliver the plan and specs.
Pros:
- Traditional delivery method
- Single point of responsibility for construction
- Complies with public bidding policy
Cons:
- Adversarial relationships
- No builder input during design – potential change orders
- Timing of cost guarantee
- Zero Owner involvement through bid process – general contractor selects all subcontractors
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