Delivery Methods
Design-Build
Method used to deliver a project in which the design and construction services are contracted by a single entity known as the design–builder or design–build contractor.
Design–build relies on a single point of responsibility contract and is used to minimize risks for the project owner and to reduce the delivery schedule by overlapping the design phase and construction phase of a project.
DB with its single point of responsibility carries the clearest contractual remedies for the clients in an attempt to reduce risks and overall costs.
P3 (Public Private Partnership)
A Public-Private Partnership (P3), is a contractual arrangement between a Public Agency (Federal, State or Local) and a Private Sector entity. P3’s are generally structured as design-build-finance-operate-maintain (DBFOM), with concession periods of 15 to 30 years, and sometimes even longer.
This procurement process shifts a great deal of the responsibility for developing and operating transportation infrastructure to private sector partners.
This P3 Partnership allows for improved operational efficiency. The Public Sector provides incentives for the Private Sector to deliver projects on time and within budget.