How to hire a general contractor when you plan to own the building for twenty years
If you’re a hospital system planning a clinic expansion, a school district adding classroom space, a religious organization renovating a community hall, or a family office buying a Class B office portfolio you intend to hold, you’re hiring contractors for a different game than most of the construction industry plays. The default game in commercial […]
When to refresh your preferred-vendor list
You’ve been using the same general contractor for years. Maybe a decade. They came up the list when your predecessor was in your seat, or when your firm was smaller, or when the building was newer and the work was simpler. The relationship is comfortable. They know your standards, your schedule preferences, your tolerance for […]
How to write a TI bid package so the prices come back comparable
You sent out an RFP for a tenant improvement project. Three firms responded. The bids came back at $385,000, $462,000, and $548,000. The schedules are different. The exclusion lists are different. The allowances are different. You can’t tell whether you’re looking at three prices for one project or three different projects. The instinct is to […]