Contract Types
Tailored Contract Solutions at Laz Global
At Laz Global, we understand that each construction and architecture project comes with its own set of challenges and requirements. To meet these diverse needs, we offer a range of contract types, each designed to provide flexibility, transparency, and alignment with our clients’ project goals.
Fixed-Price Contracts: Ideal for projects with well-defined scopes, our fixed-price contracts offer a set price for the specified work. This contract type provides certainty and simplicity for budgeting and planning, ensuring no surprises in cost overruns.
Cost-Plus Contracts: Suited for projects where the scope is not clearly defined or likely to change, our cost-plus contracts ensure that all project costs are covered, plus a predetermined fee or profit margin. This approach offers flexibility to adapt to project changes while maintaining financial transparency.
Time and Materials (T&M) Contracts: This contract type is beneficial for projects where the scope is unclear or expected to evolve. Clients pay for the actual time spent and materials used, providing flexibility and ensuring that they only pay for the resources needed.
Design-Build Contracts: Our design-build contracts streamline the process by combining design and construction services into a single contract. This approach fosters collaboration, reduces timelines, and provides a unified workflow from concept to completion.
Turnkey Contracts: For clients seeking a hassle-free experience, our turnkey contracts cover all aspects of the project from design to handover. This contract type is perfect for clients who want a complete solution without the complexities of managing multiple contractors.
Management Contracting: We offer management contracting for clients who prefer to have a dedicated team managing the construction process. This approach allows for greater client involvement and control over the project while benefiting from our expertise and resources.
Joint Ventures and Partnerships: Recognizing the value of collaboration, we engage in joint ventures and partnerships for larger or specialized projects. These contracts allow for shared resources, risks, and expertise, leading to innovative and successful project outcomes.
Custom Contract Options: Understanding that one size doesn’t fit all, we are open to discussing and developing custom contract options that best suit the specific needs and objectives of our clients’ projects.
Ensuring Client Satisfaction: Regardless of the contract type chosen, our commitment to client satisfaction remains paramount. We ensure clear communication, adherence to quality standards, and alignment with project objectives throughout the contract duration.