Download the complete “Smarter Way to Build” presentation by clicking the link on the “Resources” folder in the left column.
Smarter Way to Build - Overview
Ask the Right Questions !
Pick your Partners
Participate in the selection of both design and contracting professionals.
Get to know both the designers and contractors project team.
Identify major project phases.
Get price for design phase services.
Require standard industry contract documents.
AIA Contract Documents “Backed by
over 100 Years of Case Law”
Control the Cost
Identify the reimbursable items.
Identify what will be competitively bid.
Identify what will be self performed by contractor.
Lock in labor rates for self performed items.
Agree on fixed fee or percentage markup for all services.
Formulate incentives for timely / early completion.
Exclude or identify any contingency amounts.
Get budget price for project. GMP with 100% give back is preferred.
Manage your Risk
Require WC, liability and safety records from contractors.
Require evidence of ability to bond project.
Agree on a proposed schedule.
How will change orders be handled / priced?
Agree on how communications will be handled.
Understand the warranty.
Plan the Steps
Get the Facts, Go / No Go - Discovery Phase
Project Concept Development and Initial Schematic Design
Fact Finding & Preliminary Code & Zoning Reviews
Site Exploration, Environmental & Structural Reviews
SF Budget and Utilization Reviews
Determine the Cost - Pre-Construction Phase
Project Scope Development
Project Design and Engineering
Review all Design Documents
Early Budget and Scheduling Review
Submit any Value Engineering Ideas
Place Project Out for Bidding
Prepare a Detailed GMP Proposal
Make any Design / Price Revisions Needed
Finalize GMP Contract Agreement
Work the Plan - Construction Phase
Finalize Project Schedule
Initiate Start of Work
Hold Regular Progress Meetings
Coordinate Schedule and Provide Project Oversight
Submit Monthly Pay Applications
Secure Final Inspections and Occupancy Permit
Conduct Owner Punch List Review
Provide Long Term Warranty and Follow-up Assurances