Another method is Construction Manager (CM) open book. This method is where a mark-up percentage, (agreed to in advance) is applied by the CM to the various bids from sub contractors. The benefit of this method is that the CM can acquire multiple bids from a minimum of 3 contractors per scope of work, and I get to see all the bids and any savings from the bidding process gets passed back to the owner. This is a pretty attractive route actually...
The method I am considering is acting as the GC myself, and forming strategic partnerships with key contractors who get the vision for the project and want to be part of the team. These partners will get to show-off their talents in their various trades and get the PR benefit of being involved in this project, and hopefully passing along favorable pricing to me. While this process is going to be a lot of hard work, it seems the most rewarding, and has the greatest upside potential of being a fun project to work on, and the most cost effective.
As of now - I am considering the following packages, and am seeking strategic partnerships with companies who do the following.
- Landscape Architect
- Civil Engineer
- Landscaping
- Site Clearing / Excavation
- Concrete
- Framing Contractor
- Finish Carpenter (flooring, cabinetry, doors and hardware, metal stair fab, cable rail)
- Drywall Contractor
- Painter
- Plumber
- Appliances
- Mechanical Contractor
- Electrician
- Roofing Contractor
- Theatrical Curtains
- Window Contractor (Hemm's Glass)
- Technology / Security
- Home Audio (may do this myself)
- Rainwater Harvesting
- Solar Thermal (Energy Optimizers USA)
- Garage Door
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