True Value Engineering is not scope reduction.
It is finding ways to meet the Design Consultants’ design intent and the Owner’s priorities in the highest value, most cost efficient way. GCL Builds will present many cost effective ways to meet the overall design requirements, resulting in the highest value, most effective building project.
The most productive Value Engineering is presented early in the design phase, with the objective to minimize re-work for the design team.
GCL Builds’ experience with development allows marketable ideas to be emphasized through proper design and costing, such as the way the kitchen is laid out. Conversely, hidden, lower value added items, such as the way the electrical systems are designed, can be maximized for cost efficiency. Throughout Value Engineering the perceived quality of the final product is maintained or improved with the construction costs reducing.
This allows for easier understanding of budgets, facilitates “apples to apples” comparisons at the conclusion of each phase of design, and is more intuitive and reflective of the design process.
All of this is essential for meaningful budget control and facilitates the best Value Engineering decisions.
“Real World” pricing: our estimates are based upon historical pricing from current similar projects and from selected trade contractors. This pricing input is composed to indicate quantities and unit prices.