Bay Area Lease-Leaseback Construction

The lease-leaseback project delivery method (LLB) is rapidly growing in popularity as an alternative delivery method in commercial construction. This method involves engaging both the contractor and the architect at the earliest stages of project planning in order to minimize change orders during construction, which can add significantly to the project’s costs. This relationship also fosters a team atmosphere and helps to encourage communication, collaboration, and transparency for a successful and timely outcome.

Budget

Agencies that employ LLB have the power to bring their contractor of choice onboard 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.

Control

Lease-leaseback gives project owners the freedom to select the most qualified construction company for the project.

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).

  • Faster project delivery at a lower price
  • More opportunities for value engineering
  • Fewer change orders
  • Mitigation of claims and/or litigation
  • Third-party financing of the project is available if needed
  • Generates work for local subcontractors

Bay Area
Builders

Serving the Bay Area for more than thirty years, Thompson Builders is a top lease-leaseback general contractor delivering outstanding project management, oversight, attention to detail, and peace of mind to every project we work on. Please contact us for more information or to schedule a consultation.
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