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5 Reasons A Guaranteed Savings Contract is Right for You

Posted by Katie Jackson on Tuesday, June 13, 2017 @ 10:15 AM

Before we get into the 5 reasons, let's make sure we've got a clear understanding as to what a Guaranteed Savings Contract (GSC) is. A GSC provides a method for selecting a contractor for water, wastewater and energy projects utilizing qualifications. GSCs preserve the strengths of design-bid-build (DBB), while incorporating the value and performance benefits of design-build (DB). They are primarily intended for the replacement of something that is failing. One example would be a failing water main, with the curb and pavement above the main also included in the GSC. With that said, here are 5 reasons why a GSC might just be the right thing for you.

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Tags: Wastewater, Drinking Water, Funding, Indiana, Ohio, guaranteed savings contract

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