Ways to Choose the Right Subcontractors and Procurement Consultants for Your Project

Choosing a reliable subcontractor for quality control is an important thing to consider when it comes to construction projects. Incorrect choice of sub-contractors and procurement consultants might lead to numerous problems. These include delay in projects, lousy workmanship, low output and many more. A handful of factors control this process. Read on to know the tips briefly outlined below to choose the right procurement consultant and subcontractor for your construction project. 

Financial Strength

You need to consider the audited financial statements with year-over-year comparisons and ratio calculations to reveal credit, payment history and trends. Check if there are any past due accounts or liens. Also, make sure to review their banking relationships. Go through the reports and take a glance into their surety bonding. Analyze their legal issues and concerns if there is any. These factors will provide you with a brief about the function and responsibility of the quality control subcontractors in financial matters.

Operational Strength

Assessing the functional strengths of the consultants is crucial to the projects. So, you need to review their current capacity and depth. This provides you with an idea about the operational structure of the consultants. Take a peek at their corporate culture, organizational culture, risk management, insurance coverage and limits, supply chain, years of business, etc. Calculate their probable projections and annual anticipated current year volume. You need to understand what is the largest project they have been working on in recent years, backlogs, available workforce, out-to-bid, pipeline and their current work in progress. Furthermore, their geographic strength, the scope of work, market segment, skilled labor, level of complexity and unique work features also play an essential role in determining whether they are apt for the project or not. Also, do not overlook the licensure, regulatory requirements, union and nonunion affiliations of the procurement consultants.

Quality Practices

Unparalleled quality practices determine the characteristic culture of the subcontractors. Analyze the field-management and corporate quality-management programs. Moreover, do not ignore their preconstruction considerations as they play a significant role in choosing them. Apart from these, make sure to ask them the following questions:

• Do they develop working mock-ups and implement third-party examination and design analysis? 
• Will they join in preinstallation agreements?
• Do they demand progress reviews and possess punch-list clients?
• Does their company culture adjust with yours?
• Do they possess commissioning, pledge administration, and water intrusion rules?

Budget

Find out the track records of the quality control subcontractors for fixing a price. A cost-effective value will do no good if you change orders frequently. The cost may exceed your budget in such a case. Besides, ask them about the deadlines and project completion time frames. Keep in mind - “time is money”.

If you are in the construction industry, you understand the progressive nature of the business during slower times. Furthermore, price is not the only consideration if you want to avoid problems down the road. So, go through the necessary factors mentioned above to pick the right consultants for the job.