We do
most the work, so do not let
this list intimidate you.
1. PLANS
FOR YOUR NEW HOME.
If
you do not have plans, we can
assist you is planning your new
home and working with an
architect to draft the plans.
If you already completed this,
we would like for you to obtain
all working drawings from
your architect or designer and
pass on a copy to us, the
prospective builder.
2.
PRELIMINARY BASIS.
For
a fee of 1% of the anticipated
cost of the project, we will
initiate and develop the
following:
-
Develop
a preliminary budget
-
Create
supplemental specifications
-
Develop
specific Scopes of Work for
the tradesmen
-
Provide estimating for all
labor and materials
-
Put the job out to bid
-
Develop final Line Item
Budget
-
Provide a construction
schedule
-
Draw up final documents for
your approval
This 1% fee
will be credited against the
total contract fee for building
your new residence.
3.
DEVELOP PRELIMINARY BUDGET.
Using our computer database of
costs for a particular type of
design, we will develop a
detailed preliminary budget.
This can be used for your
initial meetings with financial
institutions.
4. HIRE AN INTERIOR DESIGNER.
You will
want to hire an interior
designer whose style, tastes,
and work are compatible with
yours. Your interior designer
will assist us in developing the
supplemental specifications.
Many HOA’s require exterior
finishes and color selections
before they will allow
construction to begin. Although
some designers may want to
discuss the purchase of
furniture and window coverings,
insist they first concentrate on
your finishes and color
selections.
5. CREATE
SUPPLEMENTAL SPECIFICATIONS.
In addition to what your
architect has already specified,
this is a comprehensive list of
plumbing fixtures, doors and
windows, roof tile, flooring,
cabinets, counter tops,
appliances, stucco finish and
color, etc. Having this list
completed before sending the
plans out to bid is crucial to
obtaining bids that are all
bidding on the same items.
6. DEVELOP SCOPE OF WORK.
Before
subcontractors and suppliers can
provide accurate pricing, we
need to let them know what we
want them to include in their
bid. This way everyone is
bidding on the same item, i.e.
Kohler-“Trieste” S.S. kitchen
sink vs. Franke-GT Granite #651
or Deleo (2) piece mission roof
tile vs. US Tile clay “S” roof
tile.
7. ESTIMATING THE COSTS.
Using
Microsoft’s Excel, we will
estimate all labor and materials
needed to complete your new
residence. This is a very
detailed and comprehensive
spreadsheet that we will use to
negotiate with subcontractors.
8. BIDDING THE JOB.
Depending on the type of
contract, Cost Plus or Lump Sum,
will determine to what extent
items are put out to multiple
subcontractors and suppliers for
bids.
9. FINAL BUDGET DEVELOPMENT.
This is a
detailed accounting of the costs
associated with the various
items in your home i.e. concrete
foundation, framing labor and
materials, roofing, stucco,
etc. This document will later
be incorporated into your
construction contract. Your
financial institution and their
appraisers will also want to
review this.
10. TYPES OF CONTRACTS.
a.
Cost Plus-Simply put, a
Cost Plus contract is all the
“actual” costs associated with
the project plus a contractor’s
fee to manage and supervise the
construction of your new home.
As the owner, you will be privy
to all invoices and help decide
which subcontractors and
suppliers services or materials
to use.
b.
Lump Sum-It is sometimes
referred as a “Fixed Price”
contract. Under this type of
contract the builder will make
all decisions with regard to
costs and which subcontractors
and suppliers to utilize.
11. FINANCING THE PROJECT.
If needed, your financial
considerations should be
addressed early on in the
process. There are generally
two ways to obtain financing.
One method is to obtain an
interim construction loan for
the building of your new home.
After completion, another lender
will pay off the construction
loan and this will become your
permanent long-term mortgage.
12.
DEVELOP A CONSTRUCTION SCHEDULE.
Utilizing
Microsoft’s Project, we will
create a Gant chart that lists
all the various tasks needed to
complete your new residence.
The Gant chart also shows the
critical path of the progression
of work. This progress chart
will also become part of your
construction documents.
13. ACTUAL
CONSTRUCTION.
This is the
time you have been waiting for.
You are seeing progress, the
“bricks and sticks” are in the
air so to speak. If all of the
above items have been executed
properly, this should be the
easiest part for you. Our goal
is to make this a fun, exciting,
and rewarding experience for all
of us involved. So, sit back,
relax, and let your dreams
appear right before your very
eyes.
We hope
this brief description of the
construction process will give
you some insight into the home
building experience. If you
have any other questions, please
call us at 951.375.1164.