Source: https://www.jdsupra.com/, August 23, 2023
By: Mark Stockman, Frantz Ward LLP

The Benefits of Collaboration
In today’s construction industry, it is no secret that there is always increasing pressure to speed up schedules and to keep costs down. One key factor that can help achieve these goals is to increase the coordination between the various stakeholders in the project so that all parties –  owner, designer, contractor, and specialty subcontractors – can contribute their expertise and advice at appropriate times during the project. This collaboration can head off conflicts early, vet the best ideas on how to achieve a desired solution,  and helps aid in the sharing of ever evolving specialty knowledge that a single person, firm or industry may struggle to keep abreast of. When multiple parties work together in harmony to achieve a goal it can significantly improve the accuracy and completeness of a design, leading to a shorter schedule and lower costs. Read more.