By David A. Ericksen – Severson & Werson

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Even brief contracts provided by the AIA, AGC and others, as well as the related construction industry literature, reveals a crowded field of terms describing the “completing” concepts for project delivery such as: Design-Bid-Build; Design-Build; Integrated Project Delivery; Multiple Prime; Fast Track; Construction Manager at Risk; Guaranteed Maximum Price; Cost Plus Fee; and more…