3 – OWNER’S REPRESENTATION
Owner’s Representation begins with the acceptance by the representative to act as the Owner’s authorized agent protecting, advising and informing the Owner proactively, from the project’s inception to completion. On behalf of the Owner, the representative is also the relationship liaison between all parties involved in the project: architects, engineers, contractors and subcontractors. The Owner’s Representative fills the key role of communicator and manager, observing and reporting on the progress and quality of work.
Owner’s Representation fills several roles and provides the Property Owner with many important services, including:
- Project Document Review: maximizes value and minimizes cost, with recommendations to achieve both
- Constructability Reviews: assures the most efficient use of resources, materials and schedule
- Value Engineering: maintains and encourages creative considerations throughout the entire process, satisfying the design intent in more cost-effective ways
- Procurement & Contracting Analysis: deftly pre-qualifies contractors, establishes a list of acceptable bidders and reviews contractor proposals for price, scope and schedule, culminating with a recommendation to award a contract
- Construction Management Analysis: reviews contractor’s site and safety plans and makes recommendations for operations and logistics improvements, if necessary
- Risk & Performance Management: tracks, monitors and manages all costs against the budget by minimizing change orders, studying the scope of work against the contractor’s budgets and commitments-to-date and examining the validity of contractor requests for payment with job performance
- Schedule Monitoring: manages the impact time has on costs, by monitoring the project’s Critical Path Method schedule, tracking and documenting unforeseen or hidden situations and regularly communicating with the Owner about the project’s status
- Quality Control: the ultimate test of success — reviews testing methods, procedures, reports and inspections for details and accuracy
- Relationship & Document Management: reviews, communicates and comprehensively archives all documents pertaining to the project provided by architects, engineers, contractor, subcontractors, inspectors and consultants
- Closeout Process: confirms that the project meets all its requirements and monitors the overall transition from construction to occupancy, including the commissioning process, punch list, project documents and final payments.