Managing risk in construction-led design-build projects
Source: https://www.bizjournals.com/, May 3, 2024
By: David Goldsmith, Parker, Smith & Feek
In the construction industry, design-build (DB) ventures have significantly increased in popularity in recent years. DB projects combine the design and construction phases of a construction project under a single contract, promising efficiency and cost savings.
However, the DB method also introduces significant challenges, including the potential for uneven risk distribution among contractors and the design professionals they subcontract with. Read more.