Construction Cost Control
We always keep in mind the requirement of delivering the project by the most competitive method possible, while integrating the concepts of “best value” and quality assurance. Participating as an active member of the project team during pre-construction is where BFL, as construction manager, has the greatest impact in achieving defined project goals at the lowest possible cost.
Accuracy and Completeness
Being accurate early in the design process assures that we can get the best product for the project, and also meet the budget. By reviewing all items as a team, we can catch any discrepancies and ensure the budgets include what the team both wants and needs. However, saving money in the initial construction budget is not always the best option if it is at the expense of the maintenance and operations budget, or results in a shorter life span.
Costs are controlled by numerous means, including:
- initial scope, budgets, and schedules are reviewed for content and accuracy;
- pricing and take-offs are completed at each stage of the process;
- scope increases are reviewed to keep the project within defined limits;
- team review is conducted to analyze and to bring innovative ideas and alternative systems for consideration, often referred to as value engineering;
- energy efficiency, life cycles, and available technology will be reviewed
- site conditions are thoroughly studied for maximum efficiency at minimum costs;
- qualified subcontractors are pre-selected for inclusion in the project, and may be solicited for technical advice and information specific to the trade;
- schedules are developed and reviewed for maximum efficiency in labor and constructability;
- long lead items and material purchases are identified early for impact on project pricing, scheduling, and delivery; and
- guaranteed maximum price contracts are developed to minimize the owner’s risk.