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gensRATE, govsRATE, ownsRATE, engsRATE and plansRATE
Sad that one job justifies every one of these websites. Coming soon to a blog near you. In this case the owner is a government and horrible. The GC horrible, the architect and his plans are all lacking to say the least.
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Design Build
Funny that Design Build is your advertised competitive advantage to owners but you fail to mention to your subs that their bids are to be considered as such.
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genDEX attempts to objectively rate the risk a GC might present to a subcontrator considering signing a contract.
Can someone with nearly $300,000,000 of revenue receive the contractor of the year award from a magazine? Gross sales? A couple of cutesy quotes from a vested customer? GensRATE aims to objectively analyze, measure and rate GCs according to numerous metrics. Just know this. Licking your finger and putting it in the air no longer…
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Typically contingency % for building
Everywhere I look I see 5-10% as typical. That said there is currently a 26 million dollar public works project that only set aside 2.5%. From there the GC doesn’t book change orders but strictly as contingency expenses but then turns around and claims a low amount of change orders which isn’t true. So rather…