A hospital is undertaking a major renovation of its surgical suite. Which project delivery method is characterized by a single contract between the owner and a team that includes the designer and contractor, contractually binding them to collaboratively manage risk, share incentives, and optimize project outcomes through all phases?
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A
Design-Bid-Build (DBB)
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B
Construction Manager at Risk (CMAR)
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C
Integrated Project Delivery (IPD)
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D
Design-Build (DB)