Architecture / June 25, 2018 / .
Once a decision to build has been reached the client will be anxious to have the building completed as quickly as possible. For many clients early completion may be the overriding priority, for example where staging a major sporting event is scheduled, or where a client is attempting to establish a market presence ahead of competitors, or to avail of tax incentives. Time is also of the essence in emergency situations such as fire or flood damage or where stabilisation works are required to dangerous structures.
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.
The materials specified and the proposed construction details will have an important bearing on the cost of the project. The relationship of quality to cost has been commented on above, and buildings which incorporate high quality and innovative features are invariably more expensive than those which are purely functional. The choice depends on what the client is willing to pay. The materials, nevertheless, should be appropriate for their use; over-specification is wasteful.
Focus your time and attention on all aspects of the design of your home, not just on size. Find the right architect for your project–one who is intent on listening to your needs and who does not just have one set of plans for everyone. When you have the budget for a luxury home, you want it to be your dream home. We have created a guidebook. It is available for free in the Resources section of our website. Download it today to learn more about how to find the best architect for your project.