By AIA Contract Documents
November 8, 2022
A recent study conducted by the Design-Build Institute of America found that design-build is fast becoming the industry’s’ favored project delivery method. Once viewed as unconventional, design-build is now viewed as the preference, projected to account for an astounding $400 billion worth of work by the year 2025. Understanding them can help you determine whether they’re right for your project.
In a traditional construction project, the designer and contractor are viewed as separate entities. A design-build contract combines these two parties. Under this arrangement, only one party is responsible for the designing and building project contract with the chosen party becoming known as the design-contractor.
The Benefits of Design-Build
Design-build contracts offer several benefits including:
Design-build contracts can benefit all types of construction projects. From residential renovations to commercial constructions and beyond, the versatility of a design-build system is nothing short of exceptional. As the industry moves forward, understanding and adopting these types of fresh ideas will be essential for ongoing success.
AIA Contract Documents has provided this article for general informational purposes only. The information provided is not legal opinion or legal advice and does not create an attorney-client relationship of any kind. This article is also not intended to provide guidance as to how project parties should interpret their specific contracts or resolve contract disputes, as those decisions will need to be made in consultation with legal counsel, insurance counsel, and other professionals, and based upon a multitude of factors.