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Design And Build Partnership Opportunity

 
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Old 05-16-2019, 08:46 AM   #1
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Design And Build Partnership Opportunity


Hey guys new to the forum, I have a new architect who I’ve been working with recently. I’m a General contractor and have a small crew 4 guys, I’ve built a few home and done tons of higher end renovations.

The architect who is also a friend want to be a design and build firm but want to use my more as a subcontractor with a 5% kick back of the job. My thoughts on the initial offer are no way but it seems to be a large trend of customer preferring the design and build over just a GC.

Unfortunately he doesn’t understand how to be a good GC, hiring the cheapest subs, not loyal to the good ones, timelines off, doesn’t understand the building products being used and costs, doesn’t understand the insurance costs, etc. He needs someone with my experience to make it work but seem he doesn’t understand the value.

My main question is how are these type of partnerships usually structured? Should it be more of a 50/50 or should the build end be weighted in my favor? Would assume he is making a good profit on the plans.
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Old 05-17-2019, 09:46 AM   #2
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Re: Design And Build Partnership Opportunity


Quote:
Originally Posted by Sideman87 View Post
Unfortunately he doesn’t understand how to be a good GC, hiring the cheapest subs, not loyal to the good ones, timelines off, doesn’t understand the building products being used and costs, doesn’t understand the insurance costs, etc. He needs someone with my experience to make it work but seem he doesn’t understand the value.
Somebody has to take the leadership role and it doesn't sound like this architect is the guy to do it.

Personally, as the builder I prefer to take the leadership role, be the one meeting with clients, manage the budget & schedule, hire the designer, hire and pay the subs, self perform what trades we want, etc.

Seems a lot of architects have sort of a "smarter than thou" attitude and can't accept working for the builder, listening to the advice of others, etc. Steer clear of those guys.

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Old 07-04-2019, 01:10 PM   #3
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Re: Design And Build Partnership Opportunity


A new Architect is not an experienced business owner. He needs to get a good track record as an Architect and then consider expanding into being a general contractor. The nature of a fututre partnership is premature. Besides an architect can be financially lucrative.
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Old 07-06-2019, 12:24 PM   #4
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Re: Design And Build Partnership Opportunity


Sounds like an iffy business partner to me. I'm not sure we'd be able to tell you the way to structure it without knowing who is bringing what to the table. For example, who is bringing in the client/jobs?
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