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Project Due Diligence

Performing preconstruction due diligence prior to the acquisition of land assets is broken down into several different steps; initially a visual walk-through inspection to get an understanding of the site's location, general use and physical condition.

After that general steps that would be undertaken are dependent upon the individual client & their needs and generally follow along these lines:

  • A general report with any obvious safety and/or health issues
  • Check with local building department when possible for open permits
  • Any observations that indicate repairs are in the upcoming or immediate future accompanied by photos listed on the general report
  • Listed on the general port any identified site conditions that attracted attention
  • When necessary recommendations will include environmental surveys as necessary

These are general in nature and are usually used to help protect the owner's assets of those interested in purchasing mid to large scale properties and need to know what will potentially be costing them money related to maintenance safety issues and is sometimes used as a negotiating tool to help with offsetting costs and or making business related decisions.

These inspections are generally nondestructive and are based on visual observations. Some observations may lead to a need for further investigation beyond that initially quoted and in some cases will include mold sampling, electrical testing, opening of walls, scoping a piping etc. these additional investigations will only be recommended if at the time of the walk-through or visual inspection something is noted as not

functioning correctly, having an unusual appearance or odor; other than this most findings are generally photographed with a short narrative indicating what the issue is & left up to the owners for further instructions.

These types of inspections do not give or imply any form of assurances or code compliance at the time of inspection or in compliance with future concepts or ideas the owners may have. Only after proper engineering, local municipal approvals can be validated by a local municipal building officials; which we, in no place hold ourselves out to be, or imply that we have any authority over any municipality or its employees.

These assessments can at an adjusted fee contain the following:

  1. A ballpark figure of anticipated costs to correct based on observed quality
  2. Or A detailed estimate based on two or more bids

An estimate is an estimate& is no guarantee of price and cannot eliminate any unforeseen conditions. Especially once we are no longer on board. It is only representative of what market conditions are at the time& location for what is seen and understood.

Whether your owners, program managers, contractors, architects or construction managers Hanscomb Means Consultants are available to supplement your teams expertise and insights to ensure your project success. To learn more about how we can be of assistance

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