Architecture / June 10, 2018 /
In many ways, designing and building a home is very complicated. But in at least one way, it is very straightforward. A house cannot be a dream home unless you fully understand the clients needs. Every luxury home should be unique to its occupants. When designing a home, start with asking a lot of questions. Talk with them, listen to their needs, understand their wants, and help to translate those into a design and plan. Questions about how you live day-to-day in your home are the key. From the answers to these questions, we will create a list of priorities, which we then work with to determine what the right size and level of quality needs to be.
The payment arrangements adopted on a contract directly affects the level of risk borne by the contractor. Where the contract is let on the basis of a drawings and specification lump sum the contractor assumes the risk for both the quantity and pricing. In lump sum contacts based on bills of quantities and remeasurement contracts the contractor assumes the risk for the pricing only. With reimbursement contracts the client assumes the risk for the quantity and pricing. The payment arrangement, therefore, directly motivates the contractors efforts to carry out the work in an efficient and economic manner. This in turn has a major impact on the final price paid by the client.