Commercial Resources

Are Delays Costing You Money?

"Despite the emergence of best practice construction methods and development of computerized critical path programming, many construction projects will still overrun their original contract period. For an employer, a delay will mean that the asset being constructed will not be able to be used when originally intended. This may mean the employer has to incur additional costs or suffer a delay in receiving income from the project."

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Consequences of Late Completion

"Owners and contractors alike can and usually will lose money when their construction projects take longer than expected.

An extended construction period will cost the contractor the daily cash value of continuing superintendence, security, temporary facilities such as site office, telephone, power, toilets, transportation, fencing, and possibly hoisting and scaffolding. Home office support services must also be continued. In addition there is the interest loss on delayed payments and retainage.

When a construction contract is not completed on time it is recognized that the owner could also suffer substantial monetary damages such as loss of rental value, interest on invested funds, and rentals on duplicate premises, to name a few."

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Hiring a Contractor for Your Restaurant Project

"Selecting the right construction company to work on your Restaurant project may seem daunting as it is one of the most important things that can make or break your project. You want to be sure that the company can do the proposed work, maintain a high level of attention to the project and be able to deliver at an acceptable timeline. It’s also another thing to verify that they have done restaurant work previously as constructing a restaurant is very different from residential and other commercial constructions.

We believe that an informed restaurant owner makes a successful restaurant owner. This is why we created this article to serve as a guide through the process of selecting the contractor that’s right for you and your restaurant."

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6 Common Reasons for Construction Schedule Slippage

Construction schedule slippage usually begins small but can quickly build until the problem becomes larger than you can handle. To prevent schedule slippage in your construction projects you have to know where to look and what to look for. And you have to do it early.

Preventing construction schedule slippage is a very forward-looking process. For every project schedule derailed by catastrophe or weather, there are many more derailed because no one was looking far enough ahead."

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Low Bids Benefit Building Owners

Does the owner benefit from the lowest bid? Not always. Three months into the project the euphoria has long gone and problems begin to develop. Building inspectors have given numerous notices of deficiencies and reworks are necessary. Subcontractors and material yards begin calling due to lack of payment and are beginning to lien the project. The GC is issuing change order upon change order daily, asserting the referenced sections of work is not included in their contract. Time is slipping by and the project is now headed into the winter months which will further slow down production.

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Working with nationwide brands

Our client list is extensive and includes many top brands across the country. Here is a partial list, contact us to learn more.

Working with Nationwide Brands
  • ARBY’S RESTAURANTS
  • BOSE
  • BROWNSBURG AMERICAN LEGION
  • CARMEL CLAY GOVERNMENT CENTER
  • CHARTER ONE BANK
  • CHASE BANK
  • CITY OF INDIANAPOLIS
  • CORNER BAKERY CORPORATION
  • FAMILY VIDEO
  • FAZOLI’S
  • FIRST FINANCIAL BANK
  • FLAGSTAR BANK
  • FOOTLOCKER INC.
  • FOX PIZZA
  • GANDOLFO'S NEW YORK DELI
  • HENRY COMPANY
  • INDIANAPOLIS PUBLIC SCHOOLS
  • INDIANAPOLIS PUBLIC TRANSPORTATION
  • IVY TECH
  • LESLIE POOLS
  • LITTLE CAESARS PIZZA
  • MARION COLLEGE
  • MARION COUNTY SHERIFF’S DEPARTMENT
  • MENS WEARHOUSE
  • NAPA AUTO STORES
  • NATIONAL COMMERCE BANK SVC’S
  • OLD BETHEL UNITED METHODIST CHURCH
  • PETRO'S CHILI AND CHIPS
  • PHILADELPHIA SIGN COMPANY
  • PIKE PLAZA REAL ESTATE, LLC
  • PILOT AIR FREIGHT
  • PIZZA HUT
  • SKY ZONE
  • SUNTRUST BANK FACILITIES
  • WING STOP
  • YUM BRANDS FOODS

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