Services for Tenant Rep Brokers
As Construction/Project Manager CMC will work with the broker to:
- Accompany broker and client on walk throughs of all short listed properties
- Review all building materials; construction rules, regulations and work letter
- Make note of all existing conditions
- Prepare a detailed construction budget for each location based on a space plan and/or a description of the work required.
- Budgets to include all costs for the project. In addition to construction costs, CMC budgets include architecture, engineering, wiring, moving and furniture & special materials or services that a particular client requires.
- Prepare a comparison sheet of properties under consideration
- Provide a detailed line schedule for all aspects of the project from lease signing through move-in
- Alert broker to potential problems at a property
- Represent the client in all discussions with the landlord regarding construction and lease negotiation, if needed
- Help to negotiate an optimum build-out allowance using our familiarity with tenant improvement projects
- Work with the client to value engineer a project to minimize costs if the budgeted amount is over the build-out allowance Be available to broker and client for any questions on any part of the project
- Review final work letter presented with LOI
Once lease is signed, CMC is retained as Construction Manager.
CMC will work with client to:
- Ensure that client receives full value for the dollars allotted to the project and that all savings are credited to the client.
- Become the pivot point for the client, representing their best interests throughout the design and construction of their new space
- Put control of all aspects of the project in the clients hands
- Advise and guide the client through the process, letting them know what decisions need to be made, and when
- Establish schedules for each aspect of the project and review with client
- Write RFP’s for architecture and engineering
- Review proposals with client and discuss pros/cons of each
- Once client has selected each, review contracts, suggest changes and recommend signing
- Review in progress drawings, with regards to their impact on the construction dollar allowance and time line
Once all drawings are complete:
- Write RFP’s for General Contractors
- Walk each General Contractor and their sub-contractors through space
- Be available to answer all General Contractor’s questions
- Receive bids at same time as client
- Prepare comparison spread sheets and review with client
- Meet with each general contractor to review bids, ask questions and get clarifications
- Write RFP’s for “best & final” bids clarifying what needs to be included
- Receive all bids, write comparisons, review all with client
- Award General Contractor contract, review and approve
- Assist with permit process
- Review General Contractor schedule with client
- Write RFP’s for wiring, moving, furniture and any special items or services which the client needs to complete the project
The reason for these direct purchased items is to save the client the General Contractor’s mark-up as well as to retain control of these critical items
- Go through processes, review, best and final, review, award, review contracts, sign
- Work with general contractor to incorporate each of these “direct purchased” items into their construction schedule
- Attend weekly meetings
- Be responsible for the completion of these items by providing the General Contractor with all assistance to make sure each item happens on schedule
- Attend weekly meetings
- Review and approve any change orders
- Review and approve all pay-out requests
- Establish “punch list” with client, architect and General Contractor
- Monitor punch list work until all is complete
- Move client into space