Are you about to commence on a commercial construction project but don’t know where to start on your checklist? Zeroing in on the right commercial construction company such as DCM Group commercial construction is the first and the most crucial step. What’s next? Here is a list of do’s and don’ts that must be checked thoroughly:
Do the Research
Commercial construction services walking up to your door and offering their services may seem very convenient, but if the construction project involves huge investments and hence demands, thorough research on the best business practices adopted in your industry is the best way to go. Know your industry experts and read up on trade magazines; however, know that there will be some written pieces that are entirely promotional.
Don’t jump to conclusions by investing just one day’s time in research. A thorough industry research and understanding of industry trend patterns over a period of 6 months can be helpful in giving insights into what’s best for your business. Remember that every commercial construction project is different and requires specialists looking into the minutest of details that may lead to any hidden problems in the future.
Do Get Reasonable Bids
Large projects have a higher number of bids. Let the best in the business compete with each other. This is how you know what each of them is offering. This gives a wider base for comparison and only improves the ultimate deal you make.
However, don’t fall in for low bargain prices. Look into what the offering, differentiation, and costs are. Costs for many businesses are the deciding factor, but this is something they are doing wrong. Taking the lowest bid can end up being an expensive decision later on. Building infrastructure is a long term fixed cost and must be handled rationally.
Do Ask the Right Questions
Ask your contractor the right questions like past projects, client testimonials, online reviews, industry experience, and frequency of projects.
Don’t take your contractor by face value, as this can be misleading. A thorough background check on the contractor can save a lot of time and money. Preparing a checklist of important, industry-specific questions is also important. Do check for any implicit and hidden costs. Your short-run decisions are likely to impact the long-run business operations.
Do Crosscheck the Contract
Keep records of everything when doing business with commercial construction contractors. Do get a written contract that is legally backed by the law. An ideal contract should include:
- The business name, license number and address
- Dates of commencing of project and the time duration
- Detailed list of raw-materials required
- Any warranty related information
- Any clause regarding change orders
- Payments and other details
Don’t overlook these factors and never sign a contract that you haven’t read and understood properly. Often, the terms of a contract are confusing; hence, seeking professional help is sometimes necessary.
Many businesses entirely entrust the job to the construction companies, but a little bit of progress monitoring and keeping track of activities does no harm. Highlight the priorities and discuss them with the construction company, and be reasonable when discussing the timeline.