4 Benefits of Hiring an Owner’s Representative

Embarking on construction projects involves dealing with intricate design demands and the coordination of numerous stakeholders, contributing to a construction project’s notorious complexities. In tackling this challenging terrain, developers often opt to enlist the services of an owner’s representative as a crucial team member. To gain a deeper insight into the significance of bringing an owner’s representative on board, let’s explore four advantages of hiring one and how they can contribute to time and cost savings for your project.

 

What is an Owner’s Representative?

An owner’s representative is a construction professional who represents an owner’s interests throughout each stage of construction. They oversee each process and act as the owner’s eyes and ears on the ground, keeping them informed every step of the way. As an asset to the project owner, the representative’s experience and familiarity with the procedures involved in the construction process can help the owner navigate challenges and identify potential risks to their investments. You can learn more about the roles of an owner’s representative in our blog, ‘What is an Owner’s Representative?’

 

Expertise and Experience

One of the primary advantages of hiring an owner’s representative is gaining access to a wealth of specialized knowledge. Having managed multiple construction projects, these professionals bring years of experience to the table, giving developers insight into how to navigate complex construction landscapes with ease. By leveraging their expertise, owner’s representatives can mitigate risks, handle unforeseen challenges, and provide valuable solutions throughout the project’s lifecycle.

 

Effective Communication and Coordination

Clear communication is the bedrock of any successful construction project. An owner’s representative excels in facilitating effective communication among project stakeholders, ensuring that everyone is on the same page. By acting as a liaison between the owner, contractors, and design teams, they promote collaboration which is essential for seamless project progress. They monitor construction quality at every stage, conducting regular inspections and addressing any issues promptly. This commitment to quality assurance not only meets regulatory requirements but also enhances the overall success and longevity of the completed project.

 

Time Efficiency

Time is of the essence in construction projects, and delays can have significant financial implications. owner’s representatives excel in streamlining project timelines by coordinating various activities seamlessly. Utilizing their proactive approach to problem-solving ensures that potential roadblocks are identified and addressed promptly, mitigating the risk of delays and keeping the project on schedule.

 

Quality Assurance

Quality assurance, under the watchful eye of an owner’s representative, ensures construction projects surpass industry standards. Through regular inspections, meticulous evaluation of materials and workmanship, and oversight of subcontractors, they guarantee adherence to regulatory requirements. Swift issue resolution and comprehensive documentation further contribute to a seamless process, ensuring the outcome not only meets but exceeds expectations, setting a high standard for quality.

 

Why Choose Moran Consultants as Your Owner’s Representative

Whether you are an experienced project owner with several developments or tackling your first development, an owner’s representative can assist you in safeguarding your investment. Established in 1968 as a general construction company, Moran Consultants evolved into a company specializing in construction consulting in the 1980s. From projects priced at hundreds of thousands to hundreds of millions of dollars, we’ve diligently served clients across the United States for over 40 years. We pride ourselves in providing a personalized service that is tailored to fit an owner’s needs and recognize that those needs may vary from project to project. When you choose Moran Consultants for your owner’s representation needs, you can feel confident knowing that your project is in capable hands.

To explore our services and experience firsthand the advantage of having Moran as your owner’s representative, contact us online or give us a call at 866-545-3350!

What is an Owner’s Representative?

Hired by the owner, an owner’s representative is a construction professional representing their interests throughout each stage of construction. With years of experience in project development from conception through design, construction, and closeout, an owner’s representative offers valuable, unbiased advice to ensure a project meets the owner’s goals and objectives.

What Does an Owner’s Representative Do?

Having extensive construction knowledge, an owner’s representative uses their background to ensure successful project completion and monitor for cost overruns and delays that can negatively impact a project’s timeline and budget. Below are some core services that an owner’s representative provides:

  • Property condition assessment
  • Scope development
  • Design team procurement: Architect, Engineers, and Consultants
  • Development of conceptual budget
  • Solicitation and procurement of general and sub-contractors
  • Development, maintenance, and adherence to the master budget
  • Facilitate terms and conditions of contracts as well as guaranteed maximum pricing
  • Facilitate permitting process and regulatory requirements
  • Facilitate, coordinate, and oversee all construction
  • Interfacing with the property manager
  • Punch list and closeout management

Why Do I Need an Owner’s Representative?

Whether you are an experienced project owner with several developments or tackling your first development, an owner’s representative can assist you in safeguarding your investment. Although a representative has expertise in all areas, knowledgeable professionals such as Moran Construction Consultants understand that, when it comes to an owner’s representative service, there is not a one size fits all approach. Established in 1968 as a general construction company, we evolved into a company specializing in construction consulting in the 1980s. From projects priced at hundreds of thousands to hundreds of millions of dollars, we’ve diligently served clients across the United States for over 40 years. We pride ourselves in providing a personalized service that is tailored to fit an owner’s needs and recognize that those needs may vary from project to project. When you choose Moran Construction Consultants for your owner’s representation needs, you can feel confident knowing that your project is in capable hands.

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Mitigating Potential Seismic Risk

Seismic activity has the potential of impacting your project. At Moran Consultants, we are focused on mitigating the risk of seismic impacts for lenders, syndicators, and investors. Per U.S. Geological Survey’s National Seismic Hazard Map (Figure 1), the country is zoned based on the likelihood of earthquakes within the next 10,000 years. With these seismic activities, the Seismic Class can be gathered.

Frequency of Damaging Earthquake Shaking Around the U.S.

Figure 1. Frequency of Damaging Earthquakes Shaking Around the U.S., retrieved from USGS. https://www.usgs.gov/natural-hazards/earthquake-hazards/science/introduction-national-seismic-hazard-maps?qt-science_center_objects=0#qt-science_center_objects.

Ranging from “A-F”, a Seismic Class considers the design category of a structure, the occupancy, and potential earthquake ground acceleration. Just like the Seismic Hazard Map, the Seismic Class ranks areas on a scale from minor ground shaking (A) to major active faults (F). Once the Seismic Class is defined for the area, we can begin to understand the potential risk involved and determine if a seismic analysis should be performed. 

If an analysis has been done, we will review the completed documentation to ensure it is project-specific and in line with similar structures we are accustomed to seeing in that region. If an analysis is required, we will work closely with the industry leaders in seismic analysis to make sure an inspection is done, preferably, before the final design. As we work alongside these seismic firms, our goal is to make sure all documentation is analyzed, and the design meets the criteria for development and construction in active seismic areas.