Scope
THL staff became involved when the project was 30% complete, considerably stalled, well over budget, and dramatically behind schedule. Contacted by the Owner to find solutions to the issues holding up the project, then implement these solutions to get the project moving at a faster pace. The ongoing monthly project overhead cost (“burn rate”)was over $120,000.
Solution
Critical issues delaying construction involved resolving over 400 major issues including façade, structural, mechanical systems, electrical systems, and windows. Challenging technical solutions were developed by working with the consultant team and trades. Then the consultants issued Site Instructions as required, changes in scope were negotiated with the Trades if needed, then construction was completed. Achieving building occupancy and constructing all 284 residential condos was the focus, to have the purchasers move in and the remaining monies be paid to the Owners. As part of this process, prepared and published monthly financial statements and cost tracking. Reviewed the tenant fit out packages and confirmed work was completed as per the agreements.
Type
Residential
Commercial