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Design-build vs. design-bid-build is a choice between one contract and two. In design-build, the owner hires a... Continue Reading
Preconstruction is the planning phase of a commercial project where the owner, design team, and contractor lock in... Continue Reading
CMAR, or construction manager at risk, is a project delivery method in which an owner hires a construction manager... Continue Reading
Hard costs vs. soft costs is the two-part division behind every construction budget: hard costs pay for the physical... Continue Reading
A construction change order is a written amendment to the original contract that adjusts the scope of work, the... Continue Reading
A GMP contract, or guaranteed maximum price contract, is a construction agreement in which the contractor commits to... Continue Reading
A punch list in construction is the itemized record of incomplete, defective, or non-conforming work that must be... Continue Reading
Value engineering in construction is a structured review of a project's materials, systems, and building methods to... Continue Reading
Owners and developers issue three requests during a commercial project. Knowing which one to send, and when, is what... Continue Reading