How to Avoid Costly Commercial Construction Mistakes
When you’re managing or overseeing a commercial construction or renovation project, you need to feel confident that you have dependable commercial contractors on the job. Without the proper project management, safety, and quality control, a project can quickly become a costly disaster.
Understand the Bidding Process
Getting bids and estimations right is the foundation of a successful, timely construction project, but it’s also a process that’s fraught with errors. Underestimate a project, and your client could stop work based on budgetary restrictions with cost overruns. Overestimating the price of your project could mean that potential clients go elsewhere to get their project completed.
Think of the bidding process as a job interview: The project is the position, and the general contractor is the candidate. Schedule a meeting either in person or virtually to get a better idea of the team working on the project and the person in charge of communicating directly with clients. Don’t accept any bids before all questions have been answered and all stakeholders are comfortable moving forward.
Consider Renovation Instead
New construction allows for complete personalization, and that in and of itself is perhaps the most significant advantage of choosing new construction over renovation. Distinctive design, cutting-edge layouts, specialized rooms and wings of a commercial building -- new construction allows for total control in creating these spaces. However, it may not be necessary or cost-efficient when it comes to making your commercial construction vision a reality.
Whether renovating a currently occupied commercial building or buying one with the plans to renovate, this is generally the most cost-effective option for business owners to pursue. Between inflation, rising construction material costs, and growing talent gaps, building new construction properties is now more expensive than ever.
Don’t Underestimate Scheduling
Creating a timeline for a project is not easy, as there are many different components that must be taken into account. However, a well-detailed schedule is simply a necessity. Not only does it lead to better quality control, but it makes the entire building process far less stressful for everyone concerned. It also helps avoid any last-minute surprises or unexpected snags that can hold up your project.
Proper planning also allows for appropriate project scheduling based on the seasons. It can help to avoid costly delays when, for example, certain outdoor construction tasks cannot be completed in the wintertime. A well-thought-out schedule ensures that these project elements are considered well ahead of time.
Choose a Reputable Contractor
How can you avoid falling prey to the schemes of contractors who are at best, unqualified, or worse, straight-out scammers? The best way to prevent this from happening is to ensure that any contractor you hire is fully insured and bonded. Before you even consider hiring a contractor, you should always request documentation that the contractor possesses the necessary insurance coverages and is bonded, as well.
A properly insured contractor will possess a few different types of insurance. One is liability insurance. This means that, should any liability claims arise while performing a construction job on your property, the insurance will cover these claims. This ensures that you won’t be held legally responsible for any such issues that might arise.
Regardless of your commercial project, you can count on a positive experience when choosing Wright Building Systems. Our team brings years of experience to the job. Everything we do is about building the highest quality commercial structure while saving you time and money.
Contact us today to get started!
