Real Estate

Commercial Construction: A Guide

Commercial construction is essentially the designing, renovating, and building of structures and premises for commercial use. Each individual project requires heavy industrial equipment that is nearly always funded by developers as well as local and/or national governments.

If you are in charge of a commercial construction business, or are thinking about taking over one, here is a brief guide to the basics.

Construction-site

Dirt Hauling

Dirt hauling, obviously a vital part of any commercial construction project, however big or small, is one of the biggest areas of a construction project that a lot of companies neglect to afford the proper time, concentration, and planning to, which can result in hefty fines and even the possibility of a dangerous construction site.

You must ensure you have implemented proper training in dirt hauling across the entirety of your construction team and continually ensure that they follow the health and safety procedures to the letter. You must prioritize health and safety above everything else, a fact that naturally applies to every single task within your construction site.

Never forgo the required regular inspections to the area where dirt hauling is being carried out, including full inspections of all equipment used, including cranes and dump trucks.

Your Foundations

As you are no doubt aware, waterproofing your foundation is one of the single most crucial elements to any commercial construction project, and without this absolutely crucial and fundamental protection correctly in place, the entirety of the structure will be compromised. This can inevitably lead to copious, troublesome, and stressful financial issues and even much more serious health and safety concerns.

You must always ensure you use a foundation waterproofing membrane which is one of the best tools to protect the whole structure and subsequently your financial investment in the project. A barrier membrane using ICF waterproofing is the most sophisticated option as it is specifically designed to be fully bonded to the substrate without the use of an adhesive or primer.

The All-Important Contract

It is essential that when you enter into a commercial construction contract that both you and the client are both entirely transparent with each other and stay in proper communication throughout the project, right from the initial planning stages all the way to the completion day.

There are four types of commercial construction contracts, and you and your client must be crystal clear on the finer details of the contract you are both entering into, and any adjustments that need to be made are negotiated and written into the contract, and signed by all parties as you go.

The four types of construction contracts are as follows:

  1. ‘Lump Sum or Fixed Price Contract’ – This contains a total and unwavering fixed price for all construction activities.
  2. ‘Cost Plus Contract’ – This involves payment of the actual costs, purchases, or other expenses generated directly from the construction activity.
  3. ‘Time and Materials Contract’ – This is used primarily when the project scope is not clearly defined, and an hourly or daily rate must be established
  4. ‘Unit Pricing Contract’ – This is commonly used by federal agencies only

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