Delivery Methods (Pricing):
Construction Management (Open Book)
Open book pricing is a pricing model that provides complete transparency on the costs of a construction project. Unlike a lump sum price, which may not reveal the underlying costs of the project, open book pricing allows clients to see exactly how much each aspect of the project costs. This transparency allows clients to share in the benefits that come from more efficient work and costs that may be lower than originally estimated.
At Cornerstone Builders Group, we believe that open book pricing is the best way to ensure that our clients receive the highest quality of service and the most value for their investment. By providing full transparency on costs, we are able to build trust and strong relationships with our clients, which is the foundation of our business.
Our open book pricing model also allows clients to benefit from our builder discounted costs on materials and labor. By leveraging our relationships with suppliers and contractors, we are able to obtain materials and labor at a lower cost, which we pass on to our clients. This ensures that our clients receive the best value for their investment.
Throughout the life of the project, we provide regular accounting and cost reporting, which is a compliment to the definition of open book pricing. This reporting allows clients to stay informed about the status of the project, including any changes in costs or timelines. We believe that clear communication and transparency are essential to the success of any project, and we work closely with our clients to ensure that they are fully informed at every stage of the construction process.
In summary, open book pricing is a pricing model that provides complete transparency on the costs of a construction project. It allows clients to share in the benefits of more efficient work and lower costs, while also providing regular accounting and cost reporting to ensure that clients are fully informed about the project. At Cornerstone Builders Group, we believe that open book pricing is the best way to build trust and strong relationships with our clients, and we are committed to delivering the highest quality of service and value to our clients through this pricing model.
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.
