Budget & Cost Management

NEC will dedicate a Project Manager who will be the common conduit from which information flows throughout the preconstruction phase. In addition to serving as the primary point of contact for the Owner Group and all involved design consultants, he will manage the subcontractor agreements on the project and be responsible for updating the master project schedule. The Project Manager will also keep the Owner Group apprised of all aspects of the budget and any potential cost impacts to the project. By onboarding your builder early, changes are minimal. The preconstruction effort and collaboration by owner, architect, builder and all consultants minimizes the risk for changes. In the case of an owner-directed change to the program, NEC will quickly evaluate and communicate all potential cost and/or scheduling impacts. We are a relationship-focused firm with a reputation of being fair and equitable in all of our relationships. We will leverage our subcontractor relationships to negotiate a fair price. Our primary objective is to treat our client’s money like it is our money. We maintain a change order log and potential change order log that is updated weekly.

We feel that NEC is the perfect size for this project and delivery method. NEC produces $80 million in construction revenue annually. We are large enough that we have the horsepower to successfully manage large scale redevelopments and ground up construction, yet small enough where each project we execute has executive oversight from our firm President and CEO , Vice President of Operations or Director of Project Management. We will give careful consideration to project cost versus construction cost in order to make sure that both meet the overall project budget. As a merit shop, we have the flexibility to address this by using the proper subcontractor in each trade regardless of union or non-union status.