Eaga Real Estate And Development - Presentation Transcript
EAGA Company, LLc Real Estate and Development COST: No charge initial consultations
Do you need a resource for developing real estate investment property?
Are you looking for a comprehensive development solution?
Have you ever had trouble with contractor performance?
Have you ever fallen behind schedule?
If you answered “YES” to any of these questions, We are the company for you. EAGA provides a process to achieve a “NOT ANY MORE” answer to the these questions. Contact Us Today For a Free Consultation 215-395-6220 office 215-769-1603 fax [email_address] email
EAGA Company, LLc Real Estate and Development
Five Steps to Project Development
Successful Projects Share These Common Components. Plan To Succeed .
Design Management
Estimating & Bidding Management
Contract Management
Construction/Production Management
Close out and Occupancy Management
Coordination and Communication Lead to Successful Projects
EAGA Step - 1
Design Management .
Existing Floor Plans
Preliminary Design Floor Plans
COST: $ 1,000 – $ 3,000 average ( $1 - $1.10/ sf on avg.) Municipal Submissions Zoning Plot Plans Final Construction Drawings and Permit Sets Small Projects Interiors Layouts: Bathrooms, Kitchens
………… How does Design Management work
. and do I need it …………… YES YOU DO….. !
… .i t begins with an inch by inch survey of the property……….
… .a drawing of all existing conditions is done and a floor plan is made
.....ideas for new walls, fixtures and appliances are added to the floor plans….
… ..a count of materials for doors, windows and finishes are made….
… . the new floor plan materials are priced and ready for bidding…
The floor plans are also ready for zoning and building permit applications………
……… . For pricing and application
Coordination and Communication Leads to Successful Projects
EAGA Step - 2
Estimating & Bidding Management
COST: Included by percentage in STEP 4 Three estimating methods Itemized estimating Assembly estimating Quantity estimating Three bidding methods Qualifying Application on File Insurance Verification License Verification
…………… .How does Estimating & Bidding Work ?
… . and do I need it …………… YES YOU DO….. !
… from the priced floor plan other cost are added completing the overall budget….
… quotes are requested from qualified contractor(s) ….
… contractor bids are received and reviewed…. ……
… .bids from Contractors are compared to the budget …..
… .and some are eliminated………….
… selected contractor(s) are approved by insurance and license verification…………..
……… . For protection and verification
Coordination and Communication Leads to Sucessful Projects
EAGA Step - 3
Contract Management
COST: Included by percentage in STEP 4 Contracting methods Owner and Construction Manager Owner as General Contractor Owner and Subcontractor
……… How does Contract Management work
… . and do I need it …………… YES YOU DO….. !
… contracts are prepared between you and the contractor….
… contracts are reviewed for compliance with the budget ….
… contracts are reviewed for understanding of the work to be completed….
… .contracts are reviewed for method of payment…..
……… . For piece of mind
Coordination and Communication Leads to Sucessful Projects
EAGA Step - 4
Construction Management (CM)
COST: 7% of the projected construction cost ( includes steps 1,2,3 & 5) Production methods Overall Delivery Schedule Long Lead Purchase Agreements Cost Tracking Certificates of Payment for work in Place Regulated Inspections Warranty Program Lawful Use
……… How does CM work
… . and do I need it …………… YES YOU DO….. !
… CM schedules and coordinates the contract work and identifies potential conflicts….
… .CM monitors long lead purchases avoids shipping delays for critical installations..….
… CM tracks cost, reviews and substantiates change orders to control cost……
… CM verifies contractor invoices and verifies amounts for payment compared to work completed …
… .CM protects the owner from over payment…….…..
……… . For production controls
Coordination and Communication Leads to Successful Projects
EAGA Step - 5
Close out and Occupancy Management
COST: Included by percentage in STEP 4 Close out methods Final Inspections Final Commissioning Final Occupancy Certificate Issuance 30 Day Warranty Period 330 Day Warranty Period Final Contractor Release 1 year
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