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I would appreciate hearing from those persons who are offering their services as construction managers ( instead of as general contractors). What kind of dollar volume are you able to complete each year, How do you structure your fees? Thanks.
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Thomas,
I do project management for owner builders...and there are a lot of them in these parts. As to how much dollar volume you could do, I suppose it depends on the nature of the jobs you're doing and how thin you want to stretch yourself. I rarely do more than one job at a time, but then I do several other things for income as well...inspections, drafting, etc. On the subject of fees, I do them on a percentage that is based on how much responsibility I will have on the job. Occasionally, I'm only available as a consultant, and do this type of job by the hour. The important thing is to have a good contract between yourself and the owner, so you know exactly what your "exposure" is. Who carries insurance? What kind? Who does what? Etc, etc. In my case, I make it clear in my contract that the owner is the general contractor...I'm just a manager. He has all the responsibilities of a contractor, and needs to know what those are and be willing to take them on. It's not for everyone, but works well when an owner wants to have some degree of involvement in the project. You might check with your state licensing people to make sure you're on the up and up with them, too. In some cases, you might be considered a de-facto GC, and not be able to foist anything off on the owner.
Tom
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I would appreciate hearing from those persons who are offering their services as construction managers ( instead of as general contractors). What kind of dollar volume are you able to complete each year, How do you structure your fees? Thanks.
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Tom:
What's your experience prior to this? Did you work as a carpenter or in the trades? I'm curious in that I like the sound of the diversity you have in your work. I'm getting a masters in Design and Construction and will take drafting, engineering, and construction mangagement classes. I have an Entrepreneurship class that I will have to prepare a business plan for and the Project Manager to owner builders sounds interesting if not open to lots of headaches. I would like to hear more about what you do, where you do it, and your background. Thanks SE