The lease-leaseback project delivery method (LLB) is rapidly growing in popularity as an alternative delivery method.
Why Consider a Lease-Leaseback Agreement?
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.
Lease-leaseback provides your agency with the freedom to select the most qualified construction company for your project.
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).