Delivery Methods (Pricing):
Construction Management (Open Book)
We believe our company’s mission of being committed to establishing and building long-term relationships with every client through our industry experience, integrity, and professionalism, is just as important as completing your project on time, and within budget.
How we accomplish our mission, starts with how we propose your custom construction project. We want and prefer you see the phase-by-phase costs we incur from permit to cleanup. Furthermore, we remove doubt and mistrust when our clients agree to our fee for an agreed scope of work.
When you receive our proposal, you will notice that we proposed a cost + a fee pricing, usually referred to as just “cost plus,” or “open book”.
This is defined by adding two components together:
Costs the builder incurs to deliver the scope of work + Builder’s fee for delivering the scope of work at builder’s cost.
Open book pricing provides the transparency missing from a lump sum price. It allows you as the client, to share in the benefits that come from more efficient work, and costs that may be lower than originally estimated. We hope you find value in the transactional transparency, and obtaining our builder discounted costs on material and labor. Throughout the life of the project regular accounting and cost reporting is provided and communicated with you, a compliment to the definition of Open Book.
Your benefits to this method:
- Transparency of all costs incurred by us throughout the project
- Routine accounting is supplied to you for 2 reasons; identify budget vs actual, and the allocation of your project funds
- Our proposals offer detailed allowances and/or bids for each trade, or specialist needed to complete your scope of work
- The cost-plus contract allows you to have more flexibility to change designs and materials as the project proceeds
We will deliver our services at an agreed fixed fee on the construction cost up to a defined hard cost construction threshold. If you decide to enhance the scope of work beyond this threshold, we will negotiate a reduced fee for that portion of the work.
General Contracting (Lump Sum)
Many clients prefer to enter into a comprehensive contractual agreement, this allows them to partner with our team as the sole entity throughout the entire construction process. When operating in this capacity, CBG controls the bidding, construction and supervision for our clients at a pre-negotiated cost based on the drawings and specifications provided. Proposals are developed and prepared for residential and commercial projects by using qualified subcontractors best suited for the project in conjunction with pre-construction walks and site inspections if necessary.
Although the work may be complex or have logistical challenges, our approach is simple. CBG has a vast network of highly qualified and vetted subcontractors that work closely with the project team to consistently hit scheduled milestones and produce quality products through their hard work, dedication and pride.