Here, you’ll find a library of blog posts dedicated to different aspects of the commercial construction industry -- news and updates, upcoming trends, and past projects built by us at The Douglas Company.
There seems to be a misconception in the marketplace that lenders require a GMP/Cost-Plus form of contract. The reality is that, while a lender requires a guaranteed maximum price, this can be accomplished with a Lump Sum contract, which provides additional benefits and lower costs to the owner/developer. Both contract formats allow for the use […]