DESIGN-BUILD GENERAL CONTRACTING
The Design-Build method (often called “Turn-Key”) is in contrast to the traditional Design-Bid-Build method and allows for a much quicker, more enjoyable construction experience. A partnership is created (a completely open and transparent one if it’s with Colony) which leverages the builder’s experience during the design phase and avoids all the costly, hidden change orders which are a nasty byproduct of the traditional lowest-price-wins method.
Cost Savings - according to data from the Journal of Construction Engineering and Management, design-build is 6.1% lower cost than Design-Bid-Build and 4.5% lower cost than Construction Management.
Minimizes owner Risk & Stress - Single-source responsibility saves the owner from having to deal with issues arising from all consultants & sub-contractors. The builder takes all responsibility.
Speed - The Journal of Construction Engineering and Management data also indicates that design-build projects are 33.5% faster than Design-Bid-Build and 23.5% faster than Construction Management.
Creative Solutions through Collaboration - early involvement of an experienced construction team in the design process leads to proactive problem solving before a problem occurs