Daily Point 2093 - Design-Build (DB) or Design-Construct (DC)

 

The Banking Tutor

Daily Point 2093

Design-Build (DB) or Design-Construct (DC)

 

In Design-Build, an owner develops a conceptual plan for a project, then solicits bids from joint ventures of architects and/or engineer and builders for the design and construction of the project. This is an alternative to the traditional model for public infrastructure projects that does not involve Private Financing.

 

Sekhar Pariti

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