The lease-leaseback project delivery method (LLB) is rapidly growing in popularity as an alternative delivery method. The Thompson Builders team is experienced with lease-leaseback construction projects in the Bay Area.
Why Consider a Lease-Leaseback Agreement?
There are numerous advantages to the lease-leaseback construction method, including:
- Control: Lease-leaseback provides your agency with the freedom to select the most qualified construction company for your project.
- Budget: Agencies that employ LLB have the power to bring their contractor of choice on board during the pre-construction phase. This allows the contractor to provide the value engineering opportunities and cost analysis necessary to keep the project on budget.
- Lower Risk: The lease-leaseback construction method results in reduced risk to the agency, because the builder is involved during pre-construction to resolve conflicts prior to start of construction. This reduces the possibility of unforeseen conditions and results in delivering the project under an agreed-upon guaranteed maximum price (GMP).
Contact Thompson Builders today to discuss your project with a lease-leaseback construction expert serving the Bay Area and all of Northern California.