Office Construction Cost
The phrase office construction cost can be used to define the amount of money it would take a construction contractor to complete an office building. This total, at the least, would include the cost of materials, permits, blueprints, equipment and workers. Due to a number of issues, that total can vary widely from one place to another.
The job of determining the office construction cost is normally handled by an estimator or accountant assigned by a general contractor to a specific project. No two estimates are the same, as requirements differ from one project to another.
During the traditional bid process, the office building construction cost covers the amount it would cost a general contractor to build a project, pay its employees and make a small percentage of profit. The estimate covers the cost of items like concrete for the foundation, cables for electrical wiring, flooring, plumbing, carpentry and HVAC (heating, ventilation and air conditioning). In this case, construction estimating services do not cover the cost of building or project design, as an architect has been hired by the property owner through a separate contract process.
In the design-build process, the office construction cost is more involved. In this process, an architect and general contractor combine as a team and present a building or project design and construction contractor services in one proposal. The design-build process is used by those who believe an architect-contactor team with a past history of working together would be more efficient and, as a result, cheaper than an architect and contractor working together for the first time.
The price used for the office construction cost as part of a construction manager at-risk (CM at-risk) project falls in between the two. The architect is hired separately from the general contractor, but the contractor is involved in the project from the pre-construction process all the way through completion. The estimate comes in the form of a guaranteed maximum price, which covers all services rendered from pre-construction through the building process.
Halliburton is an international operated oilfield service business located in the United States Founded back in 1919 by Erie Halliburton as the New Method Cement Oil Well Cementing Company, grew into a large company and an mad a major impact on the oil business By the 1940...