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
