Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. While we do our best to provide budget estimates that are as accurate as possible, there are inevitably times when projects bids come in higher than the client expected, or that unanticipated costs push the job over-budget. Here are a few signs that, in our experience, indicate your project budget is more likely to bust:
Skimping on Professional Services
In a best-case scenario, a general contractor budgets a job based on thorough architectural and engineered drawings that encompass not only the client’s design intent, but also careful planning for everything from mechanical systems to cosmetic finishes. We also always recommend our clients invest in a proper existing conditions survey, which will alert us to any site issues we’ll need to mitigate and plan for in the budget.
But in reality, the quality of plans we receive to..