Commercial construction is the building of structures, whether for business or pleasure. A building might be a skyscraper, an office space, or a large shopping mall. It might also be a sports facility, a high school basketball court, or a small fitness center.
In general, commercial construction is a very competitive field. With a variety of companies and industries competing for work, contractors need to be extremely knowledgeable and adept at working with others. They must be able to meet the demands of clients, minimize business operations, and handle the logistics of a project.
To be successful, commercial construction projects require careful planning and communication. Failure to follow the proper procedures can delay or even ruin a project. Depending on the type of structure, these processes vary, though they all require similar steps.
For example, a planning team will determine the size of a project and the number of rooms it will need. The team will then define the requirements for the space, as well as a set of objectives to achieve. This is typically done using a “project inception” document.
During the pre-construction phase, the client will choose a few contractors and ask for bids. If the bids are competitive, the client will select the best. During the construction phase, the contractor will pour the foundation, lay the utilities, and construct the frame of the structure. Before a finished space is handed over, the owner must make sure that occupancy is met.
The best commercial construction companies have strong business development and customer service teams. These teams ensure that they keep a close watch on the company’s various vendors. By utilizing these resources, a commercial construction company can better manage the many conflicts that arise during a project.
Another factor is the quality of materials used in a construction project. While a client’s budget is an important consideration, the contractor also needs to pay attention to ensuring the highest quality materials are used. When selecting a vendor, make sure to check the credentials of the individual, and ask for proof of their licensing and insurance.
During the construction phase, the team will need to obtain necessary permits. Permits address accessibility, elevator safety, recommended electrical standards, and the space required for parking. There are also laws that affect the payment process. Some states require that payment be made on a schedule based on the completion of certain tasks. Similarly, there are regulations for mechanics liens and bond claims, which can affect a contractor’s ability to receive payment.
The construction industry will continue to expand and innovate. New projects will be built in the coming years. Public transportation upgrades and smart city improvements will keep the construction trade busy. But for the most part, the demand for commercial construction will remain fairly steady. Clients will always look for the best contractor for the job.
Finally, a construction project should always include a good insurance policy. This will cover any accidents or damages that might occur during the building process.