Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. When the timing matters, how much you’re willing to spend will make the process move along much faster.
Posts about Risk Management
You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills
Protecting Your Investment from Vehicle-into-Building Crashes
Without proper obstruction, motorists accidentally drive their cars into buildings 60 times a day in the US, causing damage and loss to businesses and homeowners.
Safety On Site - What It Can Mean For Your Construction Project
Safety is an important aspect of any business but especially in construction, where a little accident can have serious impacts to those involved; the trades people on site, the owner, and the contractor. First and foremost, it is our concern to keep all of our workers healthy, so they can go home to their family each night and be a consistent provider both physically and financially, as well as a reliable contributor to our team. That’s why it’s important to have a General Contractor who is not only following the codes and regulations, but has incorporated a culture of safety into their operations.
Questions Commercial Buyers Should Ask When Shopping for a New Building
Once you’ve already determined the approximate size of the space you need, your budget, general location desired, and that the investment will fit within your business objectives, it’s time to start shopping for suitable building for your company changes.
Top 7 Guarantees of Using Design-Build Construction Delivery
- Fast Track Construction
- Less Risk for the Owner
- Single Point of Responsibility
- Guaranteed Schedule & Budget
- Team Collaboration
- Quality Construction for Better Value
- More Bids Collected by One Entity to Narrow down the Lowest Price
As business owners become more aware of the benefits of Design-Build Construction, the delivery method continues to chisel a bigger piece of market share throughout the U.S. and is expected to reach 47% usage rate by 2025, according to FMI1, a 5% increase from just 2 years ago. In their DBIA Design-Build Utilization Update - September 2021, they evaluated the United States Census Bureau, stakeholder surveys, industry reports, associations, and government agency databases, and determined the usage of delivery methods within the construction industry and found that the East North Central Midwest region will experience a 6.0% growth in Progressive Design-Build projects by 2025. Also, highway/street, educational, and manufacturing will have the highest compound annual growth rate (CAGR) adopting Design-Build project delivery.
Top Benefits of Single Source Responsibility Construction
Less Risk for the Owner + the Right People Collaborating + Competitive Bids + Adequate Time
Business leaders have to make so many diverse decisions every day. Some decisions are within their area of expertise, others are an educated guess, while even more require an outside source to help direct them.
Three Ways Constructability Review Can Improve Your Building Project
What Is Constructability Review?The construction process starts with an Architect designing plans based on the requested scope from the building owner mixed with regulations mandated by the government and the creative expertise of the designer. The Architect is responsible for knowing the performance, quality, longevity and size of limitless
Four Key Site Selection Factors before Purchasing Commercial Property
When searching for commercial property you can and should rely on your realtor for many key details and features of the site that will benefit your business. That being said, there are details that only a Design/Build partner can help you make a more complete, educated decision. With the Architect and Contractor on the same team, they will review the site together and determine obstacles and costs quickly. Specifically, Design/Build contractors are looking for infrastructure, constructability, and challenges of a site that could potentially add cost to a construction budget or schedule.
Certificate of Need and Your Design-Build Contractor
Updated 11/24/20: The controversial Certificate of Need (CON) program in Michigan is in question through several new bills that passed the Michigan Senate in February 2020. It has yet to be decided in the House. The debate has been ongoing and seems to be getting more and more heated with those against it arguing for an open market approach to drive down cost and those for it are claiming that the medical industry needs to be regulated to keep a high standard of care at an affordable cost.