The cost to construct a new building or even renovating an old one can be overwhelming for most companies or investors. This is because nothing comes cheap these days. Other than the materials you need, the cost of labor can be quite expensive. It is not surprising that most often companies would go with cutting back on the design and construction phase to save money without really considering that their cutback is costing them a burden of facing higher maintenance and operating cost in the future. This is the reason why most people would advise you to spend more today in order to spend less tomorrow.
The secret to reduce the life cycle costs of constructing a commercial building lies on the quality of design and the construction itself. Understandable that before you decide on a construction proposal, the price from each proposal is the number one factor to be considered. Some would give you high estimates while others would give you a “too-good-to-be-true” amount. The best way for you to consider which proposal to accept is to really look into what is included – the type and quality of materials to be used, the design and the fee.
It is said that the cost for constructing or renovating a building is only a fraction compared to its long term costs. In fact, there are reports that showed an estimate that the building maintenance, repair and operation cost for a building is expected to be two to eight times higher compared to the initial construction amount spent. It simply means that the new asset you have will eventually become a great expense (and liability) in the future. Thus, when designing and constructing your building, it is important make sure that you are considering a future with less maintenance and avoiding massive repairs.
Be sure to go with a top quality construction firm that is reliable and can recommend quality materials that will be used for your individual needs. For example, using spiral ducts instead of dropdown ceiling will improve the air quality because they are easy to clean and mold resistant. In case of replacement or maintenance job, you don’t need to take out the ceiling just to access various elements.
If you are renovating a building, it is highly recommended to hire a commercial building inspector certified by the American Society of Home Inspectors (ASHI) to report on the condition of the structure. This way, you can obtain an unbiased determination of the major repairs needed and their associated costs. In addition, you may consider finding an ASHI commercial inspector with additional qualifications in like International Code Council (ICC). The ICC organization is dedicated to developing model codes and standards used in the design, build and compliance process to construct safe, sustainable, affordable and resilient structures. Moreover, it is recommended that you bring in the commercial construction manager during the design phase so that you will be assisted with the life cycle issues and budget of the commercial building cost.
It may be costly now as you will be expected to spend more. Buying quality materials, getting a qualified construction firm and obtaining a certified commercial inspection can add up in costs. However, you can be sure that with careful planning and sound decision making, you will be ensuring a reduction in future costs.