The Austin Method^®

In contrast, under the design-bid-build approach, cost and schedule are not established until construction documents and bidding are complete. Similarly, under fast-track construction management, the cost is not fixed until after construction documents are complete and some construction commitments have already been made. Considerably more of the client’s time and money are at risk reaching this point.

In Step 2, Austin applies its structured methodology to prepare construction documents and execute competitive procurement and construction in an overlapping sequence. This approach results in a sizable reduction in the overall project schedule when compared with alternate approaches. Reducing this schedule means:

• The facility is in operation faster
• A reduction of interest on capital
• A faster return on investment.

Additionally, Austin’s competitive procurement of each project component assures that the client benefits from the best pricing available in the marketplace.