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Unit renovation programs are complicated and difficult to track and have many indirect financial factors that will impact the bottom line and overall success of your program. Acumen Management has created a unique process to identify and quantify all direct and indirect costs of your program into easy to decipher analytics and project management.
We work with our owners to figure out what upgrades will get them to their proforma rent increases the fastest while spending the least mount of money.
Material selections are crucial. We know what material will last, which are easiest to repair, which we can get the best bulk discount on, which you residents will like the most and which will have the best savings.
Competitive bidding is complex for rehab programs. We have developed a custom and unique bidding structure that identifies where every penny of your labor and material will go.
Once we get your bids back and vet them for accuracy, we then present the results in a well organized presentation. This bid review meeting will cover pricing, options and Acumen's recommendations.
After you have decided on your scope options and select your vendors, Acumen will take it from there. We will facilitate all the documentation to need to finalize you scope contracts and lock in your rates.
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
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 its progress payments, retainage, 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.