Critically discuss the pros and cons of the above methods and the main issues to be considered by an employer in selecting any of these construction delivery methods.

LAW - Essay

A variety of methods exist for construction procurement. Common methods include: Design-Bid-Build (DBB); Design & Build Contracts (D & B); Guaranteed Maximum Price; Target Price Contracts; Management Contract; Construction Management; Build, Operate and Transfer (BOT), and Partnership Contracts. Critically discuss the pros and cons of the above methods and the main issues to be considered by an employer in selecting any of these construction delivery methods.

LAW - Essay

A variety of methods exist for construction procurement. Common methods include: Design-Bid-Build (DBB); Design & Build Contracts (D & B); Guaranteed Maximum Price; Target Price Contracts; Management Contract; Construction Management; Build, Operate and Transfer (BOT), and Partnership Contracts. Critically discuss the pros and cons of the above methods and the main issues to be considered by an employer in selecting any of these construction delivery methods.