Do I need an Owner's Representative?

1.    Feasibility Study / Due Diligence / Permitting

-       “Is there someone (with experience in construction) who can create the pro-forma for my project and see it through to completion?”

-       “What is the best infrastructure system for my building site site?”

 

2.    Cost Estimating and Monitoring

-       “I want the best value, not necessarily the lowest bid – who can give me the options?”

-       “What is the real cost of construction?”

-       “Who will qualify and evaluate all bids?”

 

3.    Buyout and procurement

-       “Is there someone who can buy materials for me at cost?”

-       “Who will qualify (quality and price) the subcontractors that will be working on my home?”

 

4.    Value Engineering

-       “Can I substitute materials or methods to save money or get a better value?”

-       “Should I decide to sell the property upon completion, am I building above or below the current market value?”

 

5.    Contract Management

-       “Who will coordinate the architect, design review, permitting, general contractor, engineering, landscaping, interior design & property management?”

-       “I don’t want to be bogged down with the day to day construction questions - who will be onsite daily acting as my representative and answering questions?”

-       “Who will resolve disputes so the project doesn’t get stalled?”

-       “Who will validate and monitor change orders?”

 

6.    Office Management

-       “Who will review invoices, make payments and secure all lien releases?”

-       “I want forensic detailed accounting throughout my project - who can provide me with this detail?”

-       “Who is monitoring my construction costs?”

-       “Who is tracking legal and claim avoidance policies and procedures?”

 

7.    Document Management

-       “I would like someone to organize and track all project documents and provide me will electronic documentation at the completion of the project.”

-       “I would like to see daily logs from the project.”

-       “I would like to see a live video feed of the project.”

 

8.    Scheduling

-       “Who will build and monitor a complete project schedule?”

-       “Who can make resource allocation recommendations when the project falls behind schedule?”

 

9.    Construction monitoring and inspections

-       “With no local building inspector, who will handle inspections?”

-       “Am I getting what I am paying for –does the construction match the plans?”

-       “Who will be monitoring the quality of construction?”

 

10.  Post Construction Services

-       “Who is the third party who can certify Substantial Completion?”

-       “Who will create and monitor the punch list?”

-       “Who should I choose to maintain the property in my absence?”

 

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