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WHAT SHOULD YOU KEEP IN MIND WHEN SELECTING A CONSTRUCTION COMPANY?

Choosing the right construction company to plan and execute your project is a pivotal decision. Opting for the wrong company might cost you countless hours and more money than anticipated. On the other hand, a wise choice can streamline the project, making it swifter and more cost-effective.

 

While assessing potential companies, the allure of opting for the one with the most attractive price can be strong.

 

However, a construction project imposes various demands on the building crew. Without the requisite experience and the right team members, the process might face unforeseen challenges.

 

To aid you in selecting the ideal construction company for your upcoming project, we've highlighted eight essential factors you should take into account.

 

House Interior
House Interior
House Interior

1. RELEVANT EXPERIENCE

One of the best indicators of future success is past success. If a construction company has recently and successfully completed a project that has a lot of elements like yours, there's a good chance they can do it again. They understand how to approach a project effectively and anticipate potential issues.

 

To evaluate which company is best for your project, first determine what specific elements your project will include. Look at the scale, area and conditions in which the project will be implemented. What types of rooms or spaces are there in the building? How big is the project? Will the project be carried out in an already occupied building or is it new construction?

Then make a list of these elements and ask the companies you are considering to provide examples of projects they have completed that meet these requirements. Keep in mind that in some cases experiences may not necessarily be identical to be relevant, but it is important to know that the partner you have chosen has successfully implemented similar elements in previous projects.

2. PROJECT TEAM

 

While a company's project experience is certainly important, the experience of the people who will manage your projects can be even more important.

 

When choosing a construction company for your project, you want to know who will manage your project on a day-to-day basis. Ask them to provide resumes of key people who are expected to lead your project, including their past projects. This can vary but typically includes a project manager, a project/pre-construction manager, and a superintendent. Resumes should include past projects they have worked on, as well as any education or professional titles.

 

With detailed CVs outlining their experience, you will be able to evaluate which team is best suited for your project.

 

3. FEEDBACK, RECOMMENDATIONS AND REVIEWS

 

Another step in your evaluation is to gather feedback from past clients and business partners. Testimonials, recommendations, and reviews all give you an idea of what it's like to actually work with the company. Look for references regarding the quality of their work, their approach to collaboration, and their willingness and ability to solve problems as they arise.

 

While it may take some time to find these references and testimonials, talking directly to former clients and business partners will give you a clear idea of what it's like to work with the company.

 

4. RESPECT FOR YOUR BUDGET

 

You need a construction team that can deliver the best project for the least amount of money. However, putting costs above all else can be a risky approach.

 

Instead, you want a construction team that is not only committed to working within your budget but will do so with overall value in mind.

When evaluating proposals, it is important to look at them holistically, not just the end result. If one budget is significantly lower than the others, you might want to dive deeper to find out why. Has this company missed something? Do they want the project at any cost? While it might be tempting to opt for the team with the lowest bid, doing so can lead to significant challenges later on.  You need to weigh the costs along with the other items on this list.

Another cost factor is the ability and willingness of builders to undertake cost optimization work. Value engineering doesn't just mean reducing the cost of your project. Its purpose is to add value to your project by removing or replacing things that are not essential to the true purpose of your project.

 

5. SUBCONTRACTORS

 

Quality subcontractors are an integral part of a successful construction project. You want to be sure that you are choosing a construction company that will assemble the best team to get the job done.

 

You want to work with a construction team that has experience working with local subcontractors. They will be more familiar with the quality of work and professionalism of various companies. They should also have strong relationships with subcontractors that they trust and use frequently, and these relationships can help improve the overall project.

 

Additionally, your construction team should have a plan for pre-qualifying new subcontractors so they can be confident they will attract a reputable company to your job site.

 

6. LICENSING, OBLIGATIONS AND INSURANCE

You need to be sure that your construction companies are fully licensed to carry out work in your area. You can verify this by requesting a copy of their license.

 

Next, you need to ensure that your construction company will be bound by the appropriate obligations reflected in the contract. This helps protect you in the event that the company fails to complete the project or does a poor job.

You should also be sure that they have the proper amount of liability and property damage insurance, as well as workers' compensation. Ask for certificates of insurance in your request for qualifications or proposal.

 

7. SAFETY

 

If your construction crew doesn't work safely, you can't have a successful project.

 

Before you choose a construction team, you need to get a clear understanding of their commitment to safety. You can see this through various safety-related markers such as EMR or OSHA. The company's EMR measures the probability of an accident compared to industry standards. An EMR of 1.0 means that the company has an average likelihood of an incident occurring. Anything below 1.0 means they are less likely to get into an accident and anything around 1.0 means they are more likely to get into an accident.

 

For a more in-depth look, you can also ask for a copy of the official safety forms. These standardized forms list any reportable work-related injuries or illnesses.

 

Even if a company is unwavering in its commitment to safety, accidents can unfortunately happen. If they have a couple of accidents on their safety record, they can certainly still be a safe construction company capable of delivering a great project. However, if you see accidents happening frequently or the same accidents happening over and over again, this is not a good sign.

You can also ask for information about their company's security policies and whether they have a full-time security officer. This is often a sign that a company takes safe work practices seriously and is taking steps to train its employees and implement effective safety programs.

 

8. UNDERSTANDING AND EVALUATING YOUR GOALS

The last, but probably most important thing you need to look for in a construction team is that they are committed to understanding and implementing your vision for the project.

 

No matter what kind of building you're building or renovating, there's more to it than just the floor, walls and roof. Every building decision you make will impact the nature of the project and how end users will interact with and within the building.

You need a construction company that fully understands what your goals are for the project, both short and long-term. They will be able to guide you through the process, ensuring that you receive a completed project that meets your organization's needs.

 

At Olimp Construction, understanding the goals of your project is the first step in our construction process. We will use this to inform everything we do, from pre-construction to project closeout. Find out more about Olimp Construction.

Renovated Interior of a house
Renovated Interior of a house
Renovated Exterior of a house
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