How Fast is Too Fast? by Corinne Maddox, CCM, CFM
One of the biggest complaints by general contractors is that clients do not give them enough time
for construction. It seems that in the last 5-10 years, project durations have been getting tighter
and tighter. Clients and consultants think that because a contractor finished a project in record
time one time, that it can be done every time. There are processes to fast-track projects but they
usually come with a significant price tag attached, risk of missing the completion dates and many
headaches. If general contractors do not have adequate time to bid, fewer subcontractors will be
called which translates to less competition and higher bids. Pricing and document questions not
answered during bidding will be addressed as costly change orders. Inadequate time for material
procurement may result in undesirable substitutions or an inevitable occupancy delay. Short
construction durations require subcontractors to work on top of each other and do work out of
sequence. That results in change orders and premium pricing to cover labor inefficiencies, return
trips, repeated mobilization and overtime costs. Inadequate time will result in lower construction
quality, and not enough time to complete punchlist work before occupancy. It is essential to
discuss the required construction time and ramifications early in the project to obtain the best
value.
|