Holt Lacrosse and Turnkey Contract Agreements

Holt Lacrosse was founded as a way to give back to the communities that support the organization and foster the development of youth programs. One way that can be accomplished is through the development of modern and efficient facility design that can be used for individual teams or multi-teams. One of the ways in which these facilities can be designed is utilizing a comprehensive turnkey contract agreements.

What is a “Turnkey Contract Agreement” and how can it be used in athletic facilities?

A “turnkey contract agreement” is a construction contract where a developer or contractor agrees to build at the owner’s site for a fixed fee and turn over the keys when finished. The term is often used for building construction, but can also be used for sports facilities as well. A “turnkey contract agreement” is a way for a team or organization to provide upfront capital for a field or facilities and not worry about the construction process.

How can a “turnkey Contract Agreement” be used for the construction of Lacrosse Facilities or other forms of athletic facilities?

A “turnkey contract agreement” can be used to build a lacrosse facility. Under a “turnkey contract agreement”, the developer or sport facility builder will handle the acquisition of the land, securing financing, all permitting, and the construction of the facility. A “turnkey contract agreement” is a way for teams or organizations to not incur debt in constructing a facility, but pay for the construction costs up front under the “turnkey contract agreement”.

What Are The Benefits Of Using A “Turnkey Contract” For Athletic Facilities?

The benefits of using a “turnkey contract” for athletic facilities include:

• Streamlined construction process
• Fixed costs
• Less financial risk

Is There Any Problems with Using a “Turnkey Contract”?

While the benefits of a “turnkey contract” are many, there are potential drawbacks to its utility in constructing athletic facilities. Some of the drawbacks are listed below:

• Limited control over the construction process
• Potential for miscommunication

What Are Some Success Stories For Other Sports or Community Facilities?

While this type of facility contract may be new for your organization, some success stories in other sports to take a look at include the following:

• Community sports complexes
• University athletic facilities

How Can Improved Infrastructure Make A Difference For Youth Training and Playing Conditions?

Holt Lacrosse and other youth lacrosse organizations across the country have experienced tremendous growth in the past decade. To make sure that the programs for these youth are sustainable, teams and organizations need to look at ways to improve their youth training and playing conditions. Facilities can always be renovated over time, but being able to start with the best facilities from the onset will help.

The Issue Of Securing Sponsors And Community Support

Having improved facilities will provide a much-needed boost when it comes to securing sponsors and community support for programs.

How Can The Community Impact The Long-Term Success Of The Holt Lacrosse Programs?

It is important to note that the community will need to be involved in discussions in the future, early and often. However, this is a good step and something that can be considered.

Call To Action: How Can We Get Involved In Future Projects?

We would invite the rest of the community to partner with us in the future for any potential projects.