Delphi Approach: Stipulated Sum/Lump Sum

Stipulated Sum and Lump Sum Construction2018-01-26T21:36:19+00:00

Building Responsibly with a Stipulated Sum Means Starting With a Truly Accurate Quote

Many clients are surprised by the high level of detail we provide in our Stipulated Sum proposals. That’s because our commitment to look out for your best interests begins the moment we decide to respond to your RFP. Giving you anything less than ALL of the information you need in order to ensure your success would be unacceptable to us.

It is our responsibility to take the time necessary to fully understand your project and its requirements in order to deliver a quote that is honest, accurate and comprehensive as well as highly competitive.

Phase One: Project Development- Design Review, Cost Estimating, Schedule Development

At Delphi Construction, our work really begins during the bid preparation process. We take the time necessary to completely understand the project requirements and our client’s needs with the highest level of detail possible. Our project management team carefully reviews and analyzes the plans and specifications to provide an overall constructability assessment of the design documents .  Our goal is to put in the work ahead of time, so that the project will not contain design roadblocks.

We work collaboratively with architects and designers to address issues and arrive at win-win solutions in the best interest of the client.

Along with this review, we develop and update a detailed project budget, including cost saving options, alternate pricing, and other options.  These budgets are highly detailed and provide line-by-line breakdowns to helps clients make informed budgeting decisions.

Schedule development,  like our budgets, is done on a continuous basis to provide the most accurate schedule structure possible.  Every aspect of the work is scheduled in detail, with project phasing, milestones and objectives, and long lead items input to create a critical path for the project.

Every project is different and needs a customized approach, we put a lot of thought into how to best phase and schedule the work in order to meet the client’s specific needs. Whether the priority is minimizing impact on current daily users or residents, meeting a tight deadline, doing our best to minimize the impact New England’s ever changing weather has on the project, or all of the above our experience enables us to tailor the most effective schedule for our client’s project.

Phase Two: Procurement of Pre-Qualified Subcontractors

Delphi has built strong partner relationships with the best in the field to whom we bid out work. We have the highest standards and expectations in terms of quality of work and and professionalism. All potential new subcontractors undergo a rigorous pre-qualification process so that our clients can be assured assured that everyone on the job site deserves to be there.

During the execution of the work, Delphi vigorously enforces the scope of work for all subcontractors, which is developed from the bid analysis.  Only subcontractor change requests that can be clearly shown to be outside the scope of work will be considered for approval.  The project manager reviews all change order requests to remove work covered by the subcontract scope, and to ensure that the additional costs, if any, accurately reflect real changes in the scope of work.

Phase Three: Construction Management and Administration

During the construction phase of the project, our Project Executive, Project Manager, Construction Manager, Project support  staff, and financial staff work closely together to ensure the project is built as planned and within budget.
The project executive is primarily responsible for oversight of overall project team execution and client interface to assure overall project “on time and on budget” delivery.

The project manager is primarily responsible for working with the project development team to manage procurement including subcontractor selection and negotiation, maintains the budget,  interfaces with the client and architect/engineers, provides cost control, and overall execution of the work.

The construction manager/superintendent is primarily responsible for all onsite construction activities, including subcontractor management, daily schedule management, interactions with town and regulatory agencies, and distributing information on project progress back to the rest of the team.

The project support staff includes the project controller, assistant project managers, and  other administrative staff,  this team is responsible for information and data flow including contracts and change orders processing, submittals, requests for information, document tracking and information flow to the subcontractors and vendors.

The financial staff maintains the financial records,, manages payments and insurance, develops AIA requisitions, and oversees overall financial control and reporting.
We utilize the best tools available to perform these tasks, including Microsoft Project®, Procore, Sage Timberline®, and a variety of proprietary forms, documents and programs.

This is a general overview of how our team manages the construction process.  We will develop a detailed, customized and comprehensive program for implementing the construction process that fits each clients’ individual needs.

“I highly recommend Delphi Construction for any work you have related to construction adjacent to occupied residences. Delphi showed not only precision in the construction process, but also managed the process in a way that residents and staff were able to continue to live and work in the midst of it all.”
Rev. Herbert Taylor, President and CEO Deaconess Abundant Life Communities
“Delphi consistently performs all their work in a safe, sensitive, clean and expeditious manner without disruption to our ongoing activities. I highly recommend Delphi Construction to anyone pursuing a large scale residential project, particularly one involving continuing occupancy.”
George Senerth, Jr., VP of Project Management, Masonic Health System
“Delphi has always endeavored to minimize any added expense to us, and has been generous with their efforts beyond what is called for in their contract, taking a genuine interest in the needs and concerns of St. Christopher’s Church.”
Bruce Wood, Chair, Building Committee St. Christopher’s Episcopal Church
“Delphi surprised us by consistently bringing up issues before we thought of them.”
Erik Jarnryd, CEO Harvey Industries
“Their Work always proceeds smoothly and with minimal disruption to our ongoing operations – even in our busiest and most demanding environments.”
Colin MacLachlan, Facilities Manager Emerson Hospital
“Without exception, all of the feedback from everyone involved with Delphi was 100% positive. The quality of work was superior and timeliness was excellent.”
Norman H. Gopin, President Elite Management and Development Corp.

Download Free Books

Delphi has a variety of informational materials available for free download.

BROWSE MATERIALS

Stay Informed:

Sign up for Delphi’s email Newsletter

* indicates required