Construction Companies Baton Rouge

Frequently Asked Questions About Construction Companies

What is the difference between a construction manager and a general contractor?

While both construction managers and general contractors play important roles in a construction project, their responsibilities and involvement differ. General contractors primarily focus on the construction phase, managing subcontractors, schedules, and budgets. Construction managers have broader involvement, starting from the project's inception, providing guidance on design, bidding, and contract negotiations, in addition to overseeing the construction phase. They act as the owner's representative throughout the project lifecycle.

What is the role of an architect in a construction project?

Architects play a vital role in construction projects. They are responsible for designing the building, preparing blueprints and specifications, and often overseeing the construction process to ensure the project aligns with their vision and design intent. Architects consider factors like aesthetics, functionality, safety, and sustainability in their designs.

What are the payment terms for construction projects?

Payment terms in construction contracts should be clearly defined and agreed upon by both the owner and the contractor. Common payment structures include:

• Fixed-Price Contracts: A lump-sum payment for the entire project, typically paid in installments based on milestones achieved.
• Cost-Plus Contracts: The owner reimburses the contractor for actual costs incurred plus a fee or percentage for overhead and profit.
• Time and Materials Contracts: The owner pays for labor and materials on an hourly or daily rate. Suitable for smaller projects or when the project scope is uncertain.

Ensure the chosen payment structure aligns with your budget and risk tolerance.

What is construction estimating?

Construction estimating is the process of calculating the approximate costs involved in a construction project. It includes estimating material costs, labor costs, equipment rentals, permits, and profit margins. Accurate cost estimation is essential for effective project planning, budgeting, and securing financing. Construction companies typically employ estimators who specialize in preparing detailed cost estimates for various project types.