Guidance and Leadership from Site Selection to Building Completion

Our preferred method of development is to utilize a completely transparent “open book” process. The relationship begins with CHI team working closely with the Tenant and selected Architect, Engineers and General Contractor; providing representation and guidance during the site selection, due diligence, site planning stage and budget stages. Upon completion of the construction drawings, CHI and Tenant will work with the General Contractor to achieve a mutually agreed upon Total Project Budget; which will include all soft and hard costs of construction. CHI will then team with the General Contractor to competitively bid the project; CHI will ensure that there is skilled, qualified and coverage of at least 5 sub contractors in each discipline. CHI and tenant will go over actual costs upon completion of the bidding process and will agree with the General Contractor to a Maximum Price Contract amount. During the construction process, the only change orders that will be acceptable will be ones requested by CHI and Tenant and are agreed to in writing. Upon completion of the project, a full reconciliation of Total Project Cost will be completed, with all savings going to the Tenant.