Negotiated

Approximately 60% of EDC’s projects are negotiated annually, often with repeat clients. This delivery method involves the collaboration between the owner, architects, consultants, key subcontractors, and EDC, and this process often creates a win-win situation for all parties involved.

 

Pros:

• Establishing project team early helps ensure cost and schedule controls

• Selection of key subcontractors means the right subs are chosen for the project

• Front-end due diligence may prevent unforeseen issues from arising throughout the project

• Cost-savings may be realized through value engineering opportunities, open book transparency on subcontractors, and shared savings for you

 

Cons:

• None

 

Design/Build

The design/build model brings design and construction professionals together to streamline your project. Instead of having to act as a coordinator between the designer and builder, you are free to focus on your business. EDC takes full responsibility for the design and construction schedule.

 

Pros:

• Single-point of contact for design and construction, which results in better communication

• Faster delivery schedule, as this method optimizes communication efficiency

• Greater cost controls, as the budget is taken into account during design for materials and methods

 

Cons:

• None

 

Competitive Bid

The traditional three-phase project delivery: design, procurement, and construction. EDC utilizes its extensive subcontractor network to form the bidders list for your project, which allows us to receive the most competitive prices available.

 

Pros:

• You have significant control over the end product, as the facility’s features are determined and specified by your architect prior to your selection of a contractor

• Lenders and insurers are comfortable with this common approach, which has well-established and clearly defined roles for all parties

• This contractual relationship provides a level of control needed to ensure the project runs smoothly, and includes approved scope of work, schedules, quality standards, and warranties.

 

Cons:

• Lowest price going in may mean higher costs coming out

• Risk of attracting less-qualified subcontractors to submit bids