The distinctive features of the design/build/lease method stand in stark contrast to the traditional design/bid/build/own approach. In the latter approach, the end user hires different firms to provide architectural, engineering, financing, permitting, legal, construction and maintenance services. In the design/build/lease method, however, the end user contracts with one firm to single-handedly manage all those separate services. That one firm provides a cohesive, streamlined package encompassing nearly all development, construction and property management services.
Establishing a working relationship with one firm creates one obvious and dramatic advantage – single source accountability. Instead of having to coordinate several different consultants and contractors, the end user only has to work through one firm, which has both centralized knowledge and full responsibility to perform. Questions or concerns regarding any aspect of the project can all be directed to this single source.
This single source accountability significantly reduces miscommunications, change orders or delays, which are often commonplace in traditional multi-party bid projects. The cornerstone of a design/build relationship is excellent written and verbal communications. During the contract, design, and construction phases.