Principals of the firm have hands-on experience with entitlement procurement, design, construction buy-out, project management, and project close-out. We know the process from all sides: the developer, designer, and the JV equity investor/partner.
IVI’s services are geared to protect your interests and to keep you knowledgeably informed during the construction delivery process. Although services are typically provided in three phases, they can be tailored to your specific requirements.
Such services basically consist of:
Pre-construction
- Oversight/Management of Entitlement process
- Review of regulatory and entitlement documents
- Solicitation and qualification of designers
- Review of drawings and specifications
- Analysis of the direct and indirect cost budgets
- Analysis of contingency budget adequacy
- Solicitation, exploratory interviews, and reference check of GC or CM
- Review of Agreements: Partnership, Design, and Construction
- Review of construction and disbursement schedules
- Opining on bonding or Sub-guard insurance requirements
- Value engineering
- Contractor and subcontractor bid analyses
Construction Phase
- Site visits to monitor compliance with the contract documents
- Tracking of construction and disbursement schedules
- Change order review
- Review of waivers-of-lien
- Review of anticipated job cost reports
- Review of designer’s and contractor’s payment requisitions
- Review of testing reports
- Preparation of Project Status Reports
Close-out Phase
- Collating of contractor and vendor warrantees and guarantees
- Designers’ Certificates-of-Compliance
- Contractors’ Certificates-of-Completion
- Final payment waivers
- Punch list review
- As-built drawings
- Attic stock schedules and verifications
- Temporary and permanent Certificates of Occupancy
|