CapX Management Overview

We know one of the most important steps in a successful acquisition is the first one.  Acumen is well versed at performing detailed due diligence so you can be sure your CapX ideas are in line with your properties reality.

From creating due diligence short and long term proformas to annual CapX budget walks, we are here for you.  Acumen can help you create simple annual budgets to complicated CapX improvement programs.

The most important part of a project is its scope of work.  Our professionally written scopes are not only geared towards in-line bidding, but most importantly, protecting you from change orders

Competitive bidding is crucial to keeping your project costs as low as possible.  With our tight scopes, uniform RFP packages, elaborate bidding software, and giant pool of potential contractors, we assure you a healthy and discipline bidding process.

Once we get your bids back and vet them for accuracy, we then present the results in a well organized and easy to understand presentation.  These bid review meetings will cover pricing, any available options and contractor recommendations.

After you have decided on your scope options and contractors, Acumen will take it from there.  We will facilitate any internal paperwork and/or contacts needed to be signed by both you and your contractors and have it readily accessible to your team.

When the paperwork is done, we will do all of the workup and scheduling with the contractor.  We then lead a detailed pre-construction meeting with the site team, owner and contractor to be sure everyone is on the same page before the project begins.

Finally, we are ready to start work.  Although we do not provide full-time site management, we utilize technology, communication and site quality control visits to be sure your project is being done on time and with the highest quality of work.

Whether it's progress payments, retainage, or change orders for final invoices, we track and approve it all for you so you know the work is complete and your team is paying the correct amounts for your projects. We also facilitate any closeout documents and warranty work.