Budgeting:
Pre-project analysis of total project costs, which includes gathering preliminary bids and using historical costs to give the client an accurate budget.
Cash Flow Analysis:
Forecasting the timeline of overall construction costs and estimating monthly progress draws, aids clients and financiers fund the project over its life cycle.
Bid Strategies:
Determining which method of gathering bids and pricing is most advantageous for a particular project. This includes analyzing the completeness of the construction drawings from the consulting design team and making suggestions about the path forward. For example, the more complete the drawings (higher cost to architect), the easier it is to go out to competitive bid. However, if it’s earlier in the design process, before an owner commits a large sum of money to an architect or engineer, it may be advantageous to have the General Contractor put together a team of key sub-contractors to develop a budget. If things are too expensive or leave more to be desired cost-wise, the changes can be handled either during construction, or prior to the architect finishing the final design saving the owner money.
Value Engineering:
Examining the proposed materials, systems, and features of a project and looking for cost-effective alternatives, more efficient ways to build (either in terms of price or time frame), and examining the quality of the product and systems designed.
Construction Management
Design Build Services:
Early collaboration between the customer and general contractor allows the contractor to optimize participation of design consultants to accomplish the client’s needs. In essence, the client can utilize the contractor to drive the overall design around a price range instead of completing a design and hoping the bid falls within budget.
Construction System Evaluation: Evaluating the proposed construction methods, materials, and techniques from a performance and cost basis.
Higher Predictability and Less Risk:
Tekton can reduce risk and increase the reliability of a project by controlling who works on the project and how. As construction manager, Tekton can accomplish this while still being completely or partially responsible for the budget. A CM may develop strategies regarding subcontractor choice or how to present the project for competitive bid, and may have oversight of subcontractors and suppliers. They can see red flags, quality issues, or business mismanagement and handle problems efficiently.
Budget Control:
By doing all of the above, a good CM can control the budget and control scope creep, ensuring the budget will only increase when the client adds to the project.
General Contracting
Competitive Bidding:
Tekton regularly competes for projects on a lowest overall cost presented by a qualified bidder.
Reliability and Accuracy:
During construction, Tekton will always set the standard when it comes to reliability and accuracy.
Quality Control:
Implementing best-practices and checks to make sure tradesman and sub-contracted trade partners are only performing top-quality work. Tekton approves and checks all quality standards and ensures specifications are met prior to payment for work complete.
Strong Relationships:
A straightforward business approach, clear direction, prompt payment, and respect help Tekton develop and maintain good relationships with material suppliers and subcontracted trade partners.
