Owner's Representation
As owner representatives, our goal is to protect and promote our client's interests and expectations by ensuring their project is completed on time, within budget, and with minimal risk. Though our owner’s representation services can be tailored to fit any client’s needs, our services typically support four phases:
Project Feasibility
- Site Selection
- Acquisition Due Diligence Management
- Property Condition Assessments
- Formulation of Options
- Market Evaluations
- Review Loan, Design, & Construction Documentation
- Scope & Program Development, Facilitation, & Support
Preconstruction Phase
- Master Budget Development
- Master Schedule Development
- Cost & Value Management Options Support
- Establishing Project Controls Management Related Processes: Project Documentation, RFI, Cost Evaluations, Scheduling, Bidding, Procurement, & On-Site Trade Management
- Develop & Issue Requests for Proposal (RFPs) to CM-Rs, Design/Builders, & General Contractors
- Design (As Well As Other A/E-Related) Team Selection
- Review, Level, & Compare Contractor & Design/Builder Proposals
- Review Drawings & Specifications, In Terms of Each Other & Defined Project Scope
- Support Counsel In Review of Project Agreements for Design & Construction Services
- Pre-Construction Documentation of Meetings
- Facilitate & Document Resolution of Design-Related Issues
Construction Phase
- Single Point of Contact for Owner
- Review & Facilitate Development by Contractor of Feasible & Monitorable Construction Schedule
- Facilitate & Document Internal Owner Meetings
- Facilitate & Document Weekly Owner, Architect, & Contractor Meetings
- Pay Application Review & Tracking
- Change Order Analysis & Recommendations
- Monthly Tracking of Work in Place & Available Funds for Completion
- Facilitate & Manage "Furnished by Owner" Subcontracts & Materials
- Ongoing Review of Trade Buyout & Award of Subcontracts
- Project Schedule Review, Monitoring, & Progress Documentation
- Regular Site Visits to Observe Work & Conformance with Contract Documents
- Review of Contractor’s Payment Requisitions & Waivers-of-Lien
- Monitor Contingency
- Develop Monthly Owner Draw Requests to Lender
- Facilitate & Document Resolution of Design-Related Issues
Close-Out Phase
- Punch-List Management & Review
- Manage Final Payment & Lien/Claim Waiver & Releases
- Warranties & Guarantees Collection & Close Out Documentation
