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While the traditional approach to construction requires contracts with two separate entities, a designer and a contractor, a design-build contract combines these two entities, so only one company is responsible for the designing and building contract for a project.

Design-build firms operate under one contract with the project owner to complete both the design and build steps of a construction project. A single contract for both design and construction is what defines design-build methodology.

This type of agreement is typically used when a client hires a photographer to take photos for their business, website, or marketing materials. The agreement will outline what types of photos the client can use, how the photos can be used, and how long the client can use the photos.

Control: In turnkey construction, the owner hands over all control to the builder. In design-build construction, the owner has more control over the project, as they work closely with the contractor throughout the construction process.

The major benefits of Design-Build construction include streamlined communication between the contractor, subcontractors and owner, faster project completion, increased collaboration, and cost savings. As a result, DB may be appropriate for large and complex projects that require the best and quickest turnaround.

The two methods structure their teams differently. Design-build projects bundle designers and developers under the same contract. Project phases happen simultaneously. Design-bid-build projects contract designers and builders independently.

A lump sum contract is an agreement that sets a predetermined cost for construction work. In other words, the contractor performing the work agrees to complete the project for a fixed amount ? no more or less.