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Although davisREED is highly competitive in Lump-Sum, Design-Bid-Build, the traditional method of contracting and delivering projects, below here are methods in which our clients consistently seek added value by partnering with davisREED. Under the Open Book contracting method, davisREED is compensated for actual costs incurred on the project, plus a fee, negotiated upfront.
Also commonly known as a Cost-Plus contract, reimbursements and construction progress payments are made through transparent and comprehensive invoicing by davisREED for the actual construction costs incurred. When our client elects to negotiate a firm contract amount, the Open Book arrangement is typically contracted through a Guaranteed Maximum Price GMP agreement.
Savings for costs not incurred on the project under Open Book are returned directly to our client. Within the Public Works market, davisREED incorporates our particular method of collaboratively executing negotiated construction contracts through this Best Value method of contracting. Under the auspices of specific government legislation public agencies are authorized to issue construction contracts by selecting their contractors based on "best value", qualifications-based selection, as opposed to the traditional, "lowest bid", method.
Our most successful partnerships with public agencies begin with a preconstruction agreement, enabling high-yield collaboration with the designers of record, affording a high degree of confidence in the final negotiated contract amount. Sometimes our clients prefer to appoint davisREED to manage their entire design and construction process. Under this method, davisREED is the sole source of accountability to the client, from concept design through building occupancy. Often dubbed the "master-builder" method of construction, davisREED is frequently called upon to execute projects within this delivery when clients seek to fast-track the schedule, minimize their risk or believe that davisREED offers particular expertise, quality and value when our team is responsible for the entire turn-key process.
Our CMAR, also known as "design-assist", services may be employed to the development of a proprietary system, or perhaps the method is utilized in order to fast-track a certain portion of the design or permitting process. Whatever the motivation, davisREED consistently adds value to the project by leveraging our expertise in interpreting the intent of the design, identifying constructability factors, and incorporating these elements directly into the cost, schedule and quality of the overall project.
Planning is an essential part of the building process and we take time to ensure that we have fully mapped out the road ahead. Construction of New Halls Duration: Contract Period 4 Months each Completed in Months.
The Old Buscuit Mill Location: Albert Road, Salt River Client: The Old Buscuit Mill Description: Alteration and Additions to the Old Mill Duration: Contract Period 7 Months. Sunningdale Multi-Purpose Hall Location: Sunningdale Drive, Tableview Client: Garden Cities Incorporated Description: Contract Period 6 Months. Canopies at the Ports Location: Transnet Capital Projects Description: Alterations and Additions to Existing factory and additional factories 9 m2. Bofors Circle, Epping Industrial 2.
The Old Buscuit Mill. Alteration and Additions to the Old Mill. The Construction of the New Multi-purpose Hall.