Compare Costs:
|
|
General
Contractor |
On
Your Own |
HSD
& Construction Consulting |
|
Material Cost |
Contractor discounts |
Full retail |
Contractor discounts |
|
Material Markups |
Yes 10-50% |
No |
No |
|
Subcontractor Costs |
Contractor discounts |
Well over contractor
rates |
Contractor discounts |
|
Subcontractor Markups |
Yes 10-50% |
No |
No |
|
Overhead &
Supervisory Charges |
Yes 10-20% |
No |
No |
|
Profit |
Yes 10-40% |
No |
No |
|
Consulting Fee |
No |
No |
Yes (6-15%) |
|
Sales tax on services |
Yes on all service |
No |
No |
|
Financing |
Yes/Maybe |
No lender confidence |
Yes |
|
Cost of mistakes |
Responsibility of GC |
Costly to You |
Minimized |
|
Contingency Budget |
GC keeps |
You keep whatÕs left |
You keep |
Compare Control:
|
|
General
Contractor |
On
Your Own |
HSD
& Construction Consulting |
|
Decision Making |
GC is in control |
You are in control
(possibly more then you want) |
You are in control |
|
Advise |
GC makes most
decisions |
On your own |
Builder-experienced
consultant coaches you every step of the way |
|
Material Choices |
GC makes most
decisions |
On your own |
Construction
consultant presents options and you decide |
|
Labor Choices |
GC is in control
with no owner labor possible |
On your own |
ConsultantÕs network
of subcontractors are available or you can do the work yourself |
|
Changes During
Construction |
Costly change
orders, discouraged by GC |
If you have not done
this before you will be making a lot of changes as you learn |
You can make them and
your consultant is there to guide you |
|
Pride |
GC did it |
You did it but will
probably never do it again |
You did it and have
the Òsmart equityÓ to brag about |