Pre-Construction

The pre-construction phase refers to the period between receiving development approval and the commencement of construction. It is the pivotal phase in the development timeline as it is where a project is committed to being developed, shelved or sold.

The pre-construction phase is typified by the refinement of, and ultimately the relationship between, four key elements:

1. Design – design is taken to a point where the sales team can commence selling with confidence and a building cost can be accurately estimated
2. Feasibility – market conditions, revenues and costs are modelled with confidence to inform “go / no-go”
3. Tender – delivery risk is mitigated through type of construction procurement and award of construction contract
4. Finance – key finance metrics and project documents are evidenced in order to obtain construction finance to complete the development

Trenert is highly experienced in all aspects of pre-construction management for residential and commercial developments.

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