Estimating

Once there is ‘enough’ on paper we can bid the work. All of our renovations/addition projects have a Cost Plus building contract format.

In the design phase we try to get the best sense of the budget. We work with every budget, large or small, to get “the biggest bang for your buck.”

1. At this time we review the design with our building team. Triple Aught Design + Build carefully considers the project and provides you with a Cost Plus” estimate. We consult with our selected team of subcontractors who provide us with each of their assessments and quotes. The estimate is broken down in to each of the line item categories the project requires to completion and we present this to you along with a timeline. Should we need to adjust the design, scope of work, and/or materiality to meet the budget, we enter ‘cost engineering.’ Once a cost has been settled on, we will enter a “Cost Plus Building Contract.” We request a retainer of 5% of the projected cost to reserve a time slot on our building schedule. Should construction be eminent, we request a deposit of 20% of the projected construction cost. The retainer would be applied to the deposit. All payments are non-refundable and cannot be transferred nor deferred.

2. The final construction documents are submitted for permitting.