Principle Construction

Principle provides preconstruction on most of the projects we are awarded and we view this phase as the most critical part of any project. The budgeting, reviewing, phasing, planning and procurement services performed in this timeframe contribute to the project's success. The relationships that are formed, understanding of everyone's expectations, and knowledge of the Owner's processes help ensure that budgets and schedules are accurate and achievable. Early in the process we identify budget parameters, schedule constraints and phasing needs, and identify the level of quality that is expected.

The conventional design-bid-build method is used in this delivery type. A contractor is hired after the design has either started or completed. This method is used when price is the primary differentiator or when the Owner requires multiple bids. The Owner expects the General Contractor (GC) to hold all contracts and deliver the work on a lump sum basis. Principle Construction seeks to include all parties involved in decision making to foster a team environment under a General Contracting arrangement.

This single source delivery method is advantageous when the schedule is vital. In a Contractor led Design-Build scenario, the Owner hires a contractor and the contractor is responsible for assembling a designer who works for the Contractor. This approach offers a single source with whom to communicate. The Contractor and Architect work closely during design to ensure that the design is on budget. Construction may even begin before design is completed through a fast-track method. The price is usually fixed early with contingencies for both design and construction.