If you’re planning a major development project, you may be relying on a construction estimate prepared by your architect or engineer.
But how do you know if that estimate will hold up?
For developers investing $20 million or more, unchecked assumptions can lead to costly surprises once construction begins.
What Could Your Estimate Miss?
A review by an experienced general contractor can help identify risks before they become expensive problems, including:
Scope gaps that could lead to change orders.
Constructability issues that make designs more expensive to build.
Material and labor costs that may not reflect current market conditions.
Schedule risks that could lead to delays and additional interest.
Value engineering opportunities to reduce costs without sacrificing quality.
How Much Could These Risks Cost?
The financial stakes are significant: on a $20 million construction budget, even a 5% overrun means an additional $1 million in costs. Change orders, delays, and additional interest can further reduce a developer’s returns. That’s why identifying risks before going to bid is so important.
Free Project Risk Assessment
Don’t risk millions on an unchecked estimate.
For qualified $20M+ projects, identify potential risks before they reach the field.
Move forward with March, and the full TrueValue™ process takes it deeper to build the most competitive, defensible construction cost possible.
Find Out If Your Estimate Holds
March is offering a Complimentary Project Risk Assessment for qualified multifamily, retail, warehouse, and industrial projects valued at $20 million or more.
Our team will review your plans and estimate to help identify potential risks before they reach the jobsite. March’s full TrueValue™ process takes the analysis even further.
Because it’s not the first number that matters. It’s the final one.
