Broadway Group Consultants
What does an Owner’s Representative do?
The Owner’s Representative serves as a champion for the owner’s objectives throughout a development project, guaranteeing not only its proper completion but also the successful occupancy by the client. The scope of an Owner’s Representative’s duties can vary widely, tailored to the specific needs of the project and the owner. Their engagement can begin as early as the land acquisition stage or at a later point, such as during the construction phase.
Owners, often lacking the time or specialized knowledge to navigate the complexities of a construction project, benefit from the expertise of an Owner’s Representative. The advantages of having an Owner’s Representative include:
- Expert technical support and insights.
- Access to a skilled team of professionals.
- Cost and time savings throughout the project.
- Oversight of budget and schedule management.
- Resolution of conflicts among project stakeholders.
Why should you hire an Owner's Representative?
Hiring an Owner’s Representative is essential for transforming your building or facility project from vision to reality. An Owner’s Representative ensures that your vision is executed with precise and appropriate actions, leading to the outcomes you desire. They are pivotal in ensuring the project proceeds on schedule and within the allocated budget. Especially if your core business does not include managing construction projects, an Owner’s Representative provides the specialized expertise, time commitment, and focus crucial for your project’s success. In choosing an Owner’s Representative, consider their previous project experiences and the potential working relationship. It’s vital that your representative has a background in managing projects with similar scope, objectives, and challenges as yours. Additionally, since you’ll be in regular communication with them, ensure they are someone with whom you feel comfortable and confident in their abilities. A successful partnership is built on transparency and continuous communication. This professional assists with various critical aspects of the project including:
- Acquiring land, securing necessary permits, and obtaining financial incentives.
Ensuring adherence to local and municipal regulations. - Handling the solicitation of proposals, the evaluation of bids, and the selection of vendors, including contractors, engineers, and architectural firms.
- Overseeing the project’s budget and timelines, as well as managing the details of sub-budgets and schedules for individual components of the project.
When selecting an Owner’s Representative, prioritize their experience and the strength of their professional relationships. Assess the scale of your project and inquire if the candidates have managed similar projects successfully. Reviewing their resumes, portfolios, and case studies of problem-solving and achievements can help determine if their experience aligns with your project needs. Since you will work closely with your Owner’s Representative and their team, fostering a positive and communicative relationship is essential for project success.
Why is Owner's Representation necessary?
The scope of an Owner’s Representative’s duties can vary widely, tailored to the specific needs of the project and the owner. Their engagement can begin as early as the land acquisition stage or at a later point, such as during the construction phase.
Owners, often lacking the time or specialized knowledge to navigate the complexities of a construction project, benefit from the expertise of an Owner’s Representative.
