Contract Formats
We seek to establish contractual relationships which align our interest with those of our clients.
When design is mature, bid cycle time is adequate, schedule is reasonable and labor is available, traditional lump sum contracts are often the best approach. Lump sum contracts can be structured to incentivize quality, schedule and safety performance as well as cost.
In negotiated cost reimbursable contracts, we work with clients to prioritize project goals and to establish fair performance incentives designed to reward measurable performance against those goals.
In any case, we strive to establish contracts in which client goals and priorities are appropriately reflected in the contract structure.
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