Did you know you can save big on construction costs by rethinking traditional contracts? Most people stick to standard contractor agreements, but Jeff Krieger found a smarter way.
In this episode of Business of Architecture, Jeff shares how he negotiated a deal with a builder to act as a construction manager rather than a contractor. By paying the builder a flat management fee and covering material and subcontractor costs directly, Jeff avoided labor and material markups, driving down his expenses significantly.
We also discussed:
● The challenges of finding someone willing to work this way
● Why this approach worked so well for Jeff
● How architects can leverage similar strategies in real estate
Tune in now on YouTube, Apple Podcasts, or Spotify to hear the full story and more lessons in development and architecture.