If You Want Confidence You Have a Good System in Place When Building a Home

Posted by on December 20, 2017 in news | 0 comments

By hiring me a your owner’s rep early on in the process you can be assured of having a great process that will give you peace of mind and save you lots of money during the entire construction process. (And design, if you bring me in early enough.)

Here are four duties I can perform that will give you confidence that you have a good system in place:

1. Verifying that the Budget is appropriate and sufficient for the planned work.

  • Become familiar with the plans and specifications
  • Analyze the contractor’s budget line by line item and compare to others
  • Comparing the budget values for costs compared to the proposed construction schedule

2. Vetting the contractor

  • By checking on his financial and professional standings
  • Inquire and verify as to his/or her’s commitment and availability for this project
  • inquire and vet the key management and support personnel. (If any)
    • In the case of the one man contractors:
      • Establish his/her experience, knowledge and skills
      • Establish what systems if any will be used for budget and schedule management.
    • If needed, supplement contractor’s capabilities with Owner’s rep’s systems for tracking budget
    • Create and update our own schedule.
    • Verify with contractor that key steps such as site utilities are planned for.

3. Vetting the major sub-contractors and verifying they can fit our construction schedule.

4. Verifying plans are complete and all permits are processed

Here are other tasks I can perform during the construction process:

  • Create preliminary schedule for the entire process from design to move in
  • Ensuring, building and design remain within budget
  • Substantiate Status of permit processing, facilitate as prudent.
  • Verifying that the Budget is appropriate and sufficient for the planned work
  • Analyze the contractor’s budget line by line item and compare to historic data
  • Comparing the budget values to the proposed construction schedule duration. (e.g: is supervision enough)
  • Review all plans and specifications
  • Review all contracts with all subs and owner paid consultants
  • Compile budget encompassing all hard and soft cost envisioned for the entire project
  • Keep all encompassing budget up to date
  • Work with contractors, and designers to provide detailed construction schedule
  • Keep construction schedule up to date
  • Weekly site meeting with Owner’s Rep and Builder.
  • Twice monthly meeting with Owner’s rep, Architect, Contractor (owner invited to all key meetings)
  • Substantiate all temporary and permanent utilities are planned for
  • Additional subcontractors recommend as needed
  • Green building features and materials suggestions
  • Review and negotiate proper change order issues
  • Giving options to the design team when needed to potentially save money, including alternative construction techniques, and reviewing other areas of cost saving.
  • Scrutinize all invoices, explore questions in invoices and approve proper invoices.
  • Managing final close out at completion:
    ▪ Collect all lien releases
    ▪ Collect all warranties
    ▪ Manage final payments to subs and contractors
  • Prepare Operating Manual for owner’s future use and maintenance with emergency preparedness.

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