Tuesday, August 25, 2009

Glossary of Service Terms

Site Assessment
A function of new construction, the site assessment will investigate the preliminary need of and requirements for site utilities including water, sewer, storm, electric, gas, cable and telephone.
Feasibility Study I
A function of determining the preliminary needs for construction means and methods has they impact cost of the project with a determination of whether the project is viable or not viable as to cost.
Feasibility Study II
A function of determining the preliminary needs for new construction means and methods has they impact cost of the project with a determination of whether the project is viable or not viable as to cost or project budget.
Quantity Takeoff and Estimating (buy this spreadsheet)
A function of determining the quantity of materials and labor for a specific project and the associated cost of each quantified item.
Product/Materials Evaluation(buy this spreadsheet)
A function of determining the viability of the owner selected materials as they relate to cost of construction. Material selection and coordination with other materials based on cost analysis.
Plan Review/Evaluation (Plans prepare by others)
A function of reviewing owner supplied plans for completeness relative to construct ability (only) Plans review for cost control and or design are subject to separate fees
Bank Draw Inspections
A function of providing on site inspections of work in place for the purpose of approving billing by a third party contractor.
Bank Draw Document Preparation Administration
A function of gathering all required documentation for submission to the lender for payment outside the services of on site inspections of work in place. The administration of documents including but limited to collecting data, reviewing invoices, making a comparative analysis to the prescribed draw schedule and copying, faxing and tracking submitted documents for payment.
Contractor/Subcontractor Contract Preparation
A function of preparing and administering contracts for the owner between the owner and the contractor and/or subcontractor for the performance of the work. Contracts will be reviewed for completeness with the scope of work being contracted and for compliance with all regulatory agency requirements pertaining to the project.
Contractor/Subcontractor Contract Review
A function of reviewing contracts provided by the owner for review when the owner has prepared their own contracts. Contracts will be evaluated based on there completeness with the scope of work being contracted and for compliance with all regulatory agency requirements pertaining to the project.
Contractor Bid Processing/Evaluation (buy this spreadsheet)
A function of preparing and issuing the invitation to bid to each contractor for each trade. Preparation of the scope of work for the work being bid and establishing the basis of the point system for reviewing each bid.
Contractor Qualification Evaluation Service
A function of assisting the owner in qualifying a single/particular contractor for a specific project in preparation for bidding. The qualification data shall be maintained in the office of the qualifying company.
Zoning Application Assistance/Advisement
A function of helping the owner in meeting the requirements of zoning applications and facilitating the filing process. Drawings required for zoning application submissions is not included and will be charged as a separate fee and performed under a separate contract.
Project Development
Functions of assessing the entire project to determine what requirements must be met too achieve the desired result.
Real Estate Rental/Sales/Marketing
A Function of the PA licensed realtor services provided by the company. All real estate transaction shall meet PA State law requirements.
Drafting Service
A function of preparing drawing for the renovation, rehabilitation or new construction of a specific project
Construction Management
A function of managing all aspects of a specific renovation, rehabilitation or new construction project.
Homeowner/Contractor Dispute Advisement to finalize contract
A function of acting on behalf of the owner to protect the owner’s interest when negotiating with a contractor on a specific project.


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