Perhaps the greatest benefit of a Phoenix contract is that both the architect and builder are fully involved in the costing process from day one. Costs are valued and monitored from the beginning of the project. A total project cost is identified early - during the design stage and, since the builder has been part of the team from the onset, he is committed to the budget and is under contract to stay within that budget.

Early budgeting identifies all costs and provides the client with the opportunity to determine what level of expense he wishes to incur in each area. This budgeting allows the client three essential opportunities:

• A realistic, trackable budget.

• A budget that can stand up to the scrutiny of bankers and/or investors.

• The elimination of cost over-runs during construction