The Owner’s Representative: Construction Management of Commercial Projects

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The well informed building owner has a definite advantage in the construction process. The Owner’s Representative shares insights that protect the owner’s interests and help the owner play a more effective role in moving the project forward.
The discussion begins with the practical steps in selecting a contractor: the request for proposal, the interview, comparing contractor fees, and evaluating their financial condition. The coverage continues by addressing key issues throughout the construction process:The contractor’s final estimate gives us vital clues about how the project will fare in the months ahead. A method is given to systematically review these materials, looking for possible red flags.The contractor’s clarifications and exclusions list often includes items that shouldn’t be in the final contract. The chapter on “clarification landmines” explains how to identify these, and offers a number of helpful examples.Change proposals will begin to arrive soon after breaking ground. Which are valid, and are the costs reasonable? This section outlines a process to evaluate each proposal.The contractor’s meeting minutes may be inaccurate, making the project record less than objective. How should that be handled? This chapter explains the owner’s options and how they can be implemented.Does it matter that the contractor wants to make a key staff change during the project? It may not be in the project’s best interest. The chapter on staff changes explains who shouldn’t be replaced and why.When a project gets behind schedule, some owners consider offering a contractor bonus to get caught up. The chapter on bonuses explains how they work and why they may not be the best course of action.Consultant reports play an important role in monitoring quality and preventing serious problems after completion. This chapter explains how the system should work and draws attention to a number of reasons it may not be protecting the owner’s interests as it should.
Many important questions are considered throughout the book:Should an out-of-town contractor be hired for the project?How can the owner independently determine if the project is on schedule?Is subcontractor insurance a suitable alternative to a contractor bond?What is overbilling, how is it done, and how can it be limited?Why is risk involved when change proposals are referenced in the change order?What things should the owner ask the contractor for at the start of the project?
Authored by Tim Fenton, this book is supported by thirty-five years of direct industry experience with commercial projects. Tim knows the business from the side of the owner, the contractor, and an institutional investor. His project involvement has been in multiple states, has included a diverse mix of building types and uses, and covers projects with values in the tens of millions and beyond.
The Owner’s Representative offers a wealth of information that will benefit anyone on the ownership team, whether they work directly for the owner, represent ownership as the architect, or are involved as an owner’s consultant.
ASIN : B09W78ND3G
Publisher : Raintree Press (March 21, 2022)
Language : English
Paperback : 268 pages
ISBN-13 : 979-8985859027
Item Weight : 12.6 ounces
Dimensions : 6 x 0.61 x 9 inches
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