What is the difference between a design build project & traditional model (stipulated / lump sum contract)?
For a design build project, the owner will work with an individual contractor to establish the design to suit the owners needs. A contract is then drawn up between the owner and the contractor for the building. The contractor provides the design, often including the fees for the professional engineers and design architects if they are required. For a traditional or bid contract building, the owner provides the design and specifications, working with architects and engineers as may be needed. When all the drawings and documents are drawn up, contractors are invited to competitively bid to complete the project. There are advantages and disadvantages to each system. The type of project will often determine whether a design build or bid system is used.