Architecture / June 24, 2018 / Oriane.
Speedy completion is often required on commercial developments. The pressure to achieve early completion intensifies when financing and interest costs associated with acquiring the site begin to mount. Clients will seek the early appointment of a contractor in these situations to enable a fast start up on site and will favour fast track design approaches where the design is developed in parallel with site construction operations. Such approaches risk allowing insufficient time to identify or consider beneficial design options, and may, on occasion, lead to abortive working and losing time. Speedy construction on site often requires accelerated working and shift or overtime payments, more intense management presence, and the use of dependable subcontractors and suppliers, all of which add to the cost of the project. Fast track approaches rule out cost certainty and the client will become aware of the eventual cost only at an advanced stage of the project.
The contract documents set out what work must be done, and how, and under what conditions it is to be done. They identify the contractors obligations and liabilities and form the contractual agreement to do the work for the stated price or at the agreed rates. Many if not most financial problems in building originate in inadequate or unclear tender and contract documents, often culminating in disputes between the client and the contractor over what is included in the price for the work.
The factors influencing this decision include: Is the more expensive option a worthwhile investment? If it can be demonstrated that savings will arise as a consequence of incorporating the more expensive alternative, then the client is well advised to choose this option. The quicker the payback period, the more likely it is that the more expensive option will be chosen. How flexible is the client‟s budget to finance more robust, better quality or more economic structures or systems? Regardless of whether the client wants the more expensive alternative he or she may not be able to afford it. Retrofitting, however, is inconvenient, disruptive and much more expensive subsequently. Will the client occupy the building? Clients who develop to sell or lease may be less concerned with the operating and maintenance costs of the facility which will be passed onto the eventual purchaser or user of the facility. Clients who spend more initially will seek to recover their investment through higher rents or sales price. This approach may be adopted by future oriented private sector clients concerned with sustainability and green building issues. What is the life-span of the building? The shorter the planned life span of the building the less appropriate it is to incorporate robust and durable materials and systems.
We have all seen McMansions, they have one thing in common–they focus all of the quality on the front of the building with brick or stone or gables or arched windows. Meanwhile the sides and rear are completely devoid of character (quality) and so become bland vinyl-clad sides of a box that are truly ugly. But here is the motivator behind this: the decrease in quality allows the McMansion to increase in size. This happens in the interior, too. The volume of one big open room can seem impressive, but where are the cozy spaces for intimate conversations? Where can you get away to relax and read a book? Do you want everyone who is come for a holiday dinner to see all the dirty dishes used to prepare the meal? Is there a smart, discrete place for the powder room? At first glance, the larger home at the same price seems to be an excellent value, but there are things to consider when sacrificing other elements of a home for size. These show up in many, many ways including: Enjoyment of Your Home, Resale Value, bigger does not mean more value, Maintenance, Energy Bills