The Five Keys to Hiring a General Contractor or Construction Manager

When considering a large project, the Construction Manager or General Contractor should be the first person hired. The earlier the Construction Manager is involved in your project, the better they will understand your goals. The Construction Manager handles all coordination of permits, design and construction issues and interfaces, on the owners’ behalf, directly with architects, engineers, contractors and other professionals involved with the project. There are several reasons why a project can go wrong but selecting the right Construction Manger helps insure success.

There are Five Keys you should consider when hiring a project manager. All candidates should provide:

Proof of Financial Stability
Proof of Insurance
Project Portfolio
Recommendations
Professional Affiliations

Financial Stability
If your construction management company goes belly-up in the middle of your project then everyone is in trouble. That is why financial stability is one of the most important factors when considering a construction management company. Contractor should be able to provide financial references that include: a letter from their bank stating stability and character of the company, letters from subcontractors or suppliers stating payment history, and their Dun & Bradstreet number. After reviewing this information and checking financial references you will be able to develop an understanding of a general contractor’s financial strength.

Insurance
To protect you and your project, Construction Managers/ General Contractors must not only provide Proof of Insurance but also adequate coverage for your project. Possible candidates should be able to provide proof of the following insurances:
General Liability
Workers Compensation
Builder’s Risk
Auto Insurance
Bonding Capacity
General Contractor should also be able to provide proof that subcontractors are also fully ensured.

Portfolio
Consider your project when reviewing a Construction Manager’s portfolio. If a Construction Manager has a portfolio of mainly churches, they might not be suited for your commercial build. Look for projects that are similar to yours to make certain the general contractor is prepared to handle and has experience with issues that may arise with that type of project. A well rounded contractor will ideally have experience with a broad spectrum of buildings and will be best equipped to handle your project. A general contractor’s project portfolio highlights not only experience but also business associates. Look for respectable, well know companies that have given the contractor repeat business Repeat business is a signifier that a contractor builds trust and does quality work. If you plan to build a green project or a LEED® certified project, be sure the candidate has the experience.

Recommendations
When contacting a Construction Managers’ references, be sure to ask if their project was finished on time and within budget. Also ask specifics about the project to see if they were similar to your venture. Don’t hesitate to request both client and business references. Try to develop a complete understanding of how the contractor not only interacts with their clients but also subcontractors and business associates.

Affiliations
When researching a GC, check with the Better Business Bureau for complaints. Many local offices can be accessed with an online search. Also consider a contractor’s affiliation with professional organizations. Memberships within professional associations show leadership and community involvement.

About IMC Construction

IMC Construction is a trusted commercial general contractor and construction manager for companies building in New York, New Jersey, Pennsylvania, Florida, as well as nationally through its membership in the Citadel Group. IMC Construction is also a leader in the green building industry, with many LEED® certified projects built to date.
Contact IMC Construction at 610-889-3600 for more information.

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