Although many have written about the major ways in which ourlives are expected to change as a result of the green revolution,few have focused on the ways in which it will alter the businessfabric of the real estate industry, including--on the most basiclevel--how business is conducted between owners/developers andcontractors. Traditionally the project delivery model takes twoforms:

Design-bid-build: In this common type of delivery systema general contractor bids competitively on a project according toconstruction documents prepared by an architect. The lump sum bidincludes many bids from subcontractors, with the generalcontractor's fee being built into the total. The general contractoris the constructor: he holds the contracts and is responsible forthe schedule, the budget and the timely completion of the job.

Construction manager as owner's representative: In thismodel, the construction manager performs the tasks related to thecoordination and technical administration of the project when theowner is not comfortable managing the general contractor. Thisdelivery system adds another layer of expense--the owner/developermust pay both the construction manager and the generalcontractor.

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