Construction Solutions

The purpose of this post is to further explain the concept of CONSTRUCTION SOLUTIONS. Enjoy the read!

The idea of CONSTRUCTION SOLUTIONS was considered because of the issues which arise between Clients (prospective home owners in particular) and Contractors, which are too numerous to mention. However, in today’s financial climate most Clients’ "debt service ratios" often translate to having a tight budget to execute their BUILDING/CONSTRUCTION PROJECTS. In most instances, the Clients either have to modify their designs or delay their BUILDING/CONSTRUCTION PROJECTS until their "debt service ratios" can suit their plans and budgets. This in itself might take months… even years before the suitable "debt service ratios" can be realised.

All of the aforementioned is with reference to the ESTIMATE for their BUILDING/CONSTRUCTION PROJECTS. Hence, instead of “reinventing the wheel”, I “reinvented” the approach as to the best way forward to create a win-win situation for the Client(s) and Contractor. After all we have heard of the saying… “Insanity is doing the same thing over and over, expecting a different result”. On that note, there is grave concern by Clients that the COST of their BUILDING/CONSTRUCTION PROJECTS is not evident in the FINISHED PRODUCT. I.e. the Clients often believe that they do not get “value for their money” after the Contractor has built their dwellings. This in itself may or may not be the case if all factors are considered. Nonetheless, this is not the place and time to discuss such since it would defeat the sole purpose of this post.

As a result, these two (2) major findings from the Clients' perspectives led me to these possible CONSTRUCTION SOLUTIONS:

-Offer a “monitoring or supervision services” whereby the Contractor’s PROFIT will be exempt, thus reducing the COST of the BUILDING/CONSTRUCTION PROJECT. The Estimate will be significantly reduced likewise eliminating the prior issues mentioned above.

-Allow a Client to take full control of MANAGING the FINANCES of the BUILDING/CONSTRUCTION PROJECT since the monies are disbursed in the Client’s name. Therefore, the Client will indeed be aware of all the money transactions for the PROJECT.

-The Builder (for easier understanding) will now be responsible to provide a material list to better assist the Client as to the actual materials required. The Client will in turn have a realistic idea as to the total “materials’ cost”. In addition, the Client has the option to take up the responsibility of both sourcing and supplying the materials or to ease the stress by designating that responsibility to the Builder. The latter will incur an additional cost.

-Data entry services will be MANDATORY to keep track of the everyday expenses relating to the purchasing of materials and salaries for the labour force. As it relates to the purchasing of materials by the Client, receipts will have to be made available to the Builder at the soonest, in order to conduct the data entry. Hence, the Client will be kept abreast with all the data and the receipts will be returned to the Client for their safe keeping. Both the Client and the Builder will be in the “know” as to whether the BUILDING/CONSTRUCTION PROJECT is within the budget. This is to better assist with the successful ex*****on of the PROJECT.

-The labour force can either be of the Builder’s own choosing or that of the Client. Although a combination of both can be considered. However, for a competent and efficient labour force, it would be best to use those of the Builder’s.

-This concept will finally get the Client directly involved with the building/construction process, thus filling that void which usually causes the Clients to feel left out. Consequently, a marriage between the Client and the builder will finally be realised, thus eliminating the issues between the Client and Contractor. In the end the Client will now be labelled as the FINANCIAL MANAGER, whereas the Builder will be labelled as the CONSTRUCTION MANAGER/SUPERVISOR offering the technical and building/construction expertise that the Client most times lack.

For further information as how to get started, please feel free to comment or message.