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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337
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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. The GC then works with the client to budget the job based on pricing from subcontractor partners. Many large or complex construction jobs are budgeted and built out in phases. It’s A Multi-Phase Project.

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Commercial Construction Project Management Trends: How to Survive the Incredible Shrinking Timeline

HardHatChat

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

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How to Create a Successful Restaurant Construction Schedule

HardHatChat

To ensure your restaurant opens on time and within budget, make sure you have your delivery dates nailed down and align yourself with an experienced restaurant construction firm. We recently gave a restaurant trade magazine some tips on budgeting for a restaurant construction timeline. Bidding process – this is usually 2 weeks.

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Commercial Construction Tips: Six Best Practice Resolutions for 2011

HardHatChat

Don’t always take the lowest bid. I know this is a tough one to follow as we all need to keep commercial construction budgets in check, but we saw too many companies go with pick-up truck contractors in 2010 only to be burned later. While bidding on the commercial construction remodel of a 500+ sq. Bring your GC in early.

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Low Bids Benefit Building Owners

Chianelli Estimating

Does the owner benefit from the lowest bid? Their accounting department has established a project budget that can not be exceeded and, if adhered to, the project is feasible. All the painstaking details; drawing upon drawing, revision after revision as the project documents are developed. Bids received and opened.

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Six Ways to Control Rising Commercial Construction Costs

HardHatChat

The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. If there is one aspect of a commercial construction job worth extra investment, it is the planning and drawing stage. Englewood recently began work on Season’s 52 in Chicago. Don’t skimp on architects.