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PRE-CONSTRUCTION:
Case Study - Mixed Use Project
After
working for 18-months with a previously selected contractor, a non-profit
developer called us after their budget ballooned from $32,000,000
to over $42,000,000 within a few months. The developer stated that
the current contractor could not get the pricing below $38,000,000
with their application of value engineering.
We agreed to review the project and provide a conceptual estimate
for what we believed would be possible. We were soon able to confirm
that the project could be built for under $33,000,000 with some
value engineering. Upon receiving the Owner's direction to proceed,
we then met with design consultants and critical subcontractors.
We started by pushing a redesign of the structural system. This
involved hiring a new Soils Engineer to provide options to increase
the soil bearing pressures. The existing Structual Engineer was
then challenged to revise the rigid reinforced slabs to post-tensioned
where possible. The resulting reductions in slab thickness and weight,
affected column, beam and footing sizes. With the new information,
we went to a Design-Build Contract for the plumbing, mechanical
and electrical systems, and these were redesigned to reflect the
actual project needs.
An extensive review of every facet of the project resulted in a
Construction Contract for under $32,000,000 while still maintaining
the original programming needs and aesthetic design.
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