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Services Construction

A majority of a development proforma costs relate to construction, so being on budget at this phase of the project is critical. Construction costs are always fluctuating, so locking in a total contract price and buying out the job as soon as possible is always the goal.

DevelUp can help owners:

  • Prepare project scope and RFP
  • Obtain and analyze GC bids
  • Negotiate AIA contract—either lump sum or GMP, which is most popular
  • Oversee construction process
  • Complete general site visits and attend OAC meetings
  • Review and approve monthly draws
  • Evaluate and approve potential change orders
  • Orchestrate project completion, punch out and close-out documentation
  • Communicate with lender inspectors, as necessary
  • Monitor schedule and project budget
  • Negotiate final payments and retainage release as required