DESIGN-BUILD ------- BEST VALUE. FASTER COMPLETION. REDUCED COST. DESIGN-BID-BUILD DESIGN-BUILD VS. P P SD SD DD DD CD CD GMP BID TIME AND DOLLARS LOST PROJECT COMPLETE GUARANTEED MAXIMUM PRICE ESTABLISHED CONSTRUCTION CONSTRUCTION BID In Design-Bid-Build this is the point when a project cost is established through a rigid contractor bidding process. CONSTRUCTION DOCUMENTS (CD) Coordinaon and Compleon of Drawings for Perming. In Design-Build this is the point when construcon begins with prepared drawings and specificaons. DESIGN DEVELOPMENT (DD) Design is developed in collaboraon with engineers. In Design-Build this is the point when the Guaranteed Maximum Price is established. As the Design Builder, Horst invites 4-5 prequalified subcontractors to “bid” every trade to ensure the Owner is receiving compeve pricing and quality workmanship. SCHEMATIC DESIGN (SD) Project requirements are graphically defined. Preliminary cost esmate is prepared. As the Design Builder, Horst guarantees that a consistent message is communicated to everyone on the project. PROGRAMMING (P) Establish project vision, budget, and schedule requirements. PROJECT COMPLETE HOW GMP BENEFITS THE OWNER This model allows an owner to confirm budgetary certainty early in the process and the benefit of any cost savings.