Change Management
At Makarios Partners, our years of experience representing clients in the public sector have unveiled a critical trend: owners often experience financial setbacks due to the absence of a robust checks and balances system when reviewing change orders. Similarly, General Contractors frequently miss opportunities for increased profitability by failing to align additional costs with current market conditions and competitive benchmarks.
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Guidance for Owners:
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Discerning Proposal Content: Owners must navigate the intricacies of change orders by discerning the content of proposals and ensuring alignment with project needs. Hidden labor, material, and other fees often lurk within, unrelated to the changes in question. An unattended change order can spiral into unnecessary costs without a strong checks and balances system, leading to uncontrollable project costs.
Insights for General Contractors:
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Beyond Material and Labor: For General Contractors, understanding the true cost of a change order is pivotal. It extends beyond material and labor expenses, impacting work resequence and altering the cost of the current job. Without careful planning and accurate pricing, a change order has the potential to erode project profits. Makarios Partners evaluates change orders comprehensively, considering:
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Overhead and Indirect Costs: Assessing current, future, and past projections affected by the change, including overhead and indirect costs.
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Direct Costs: Evaluating direct costs such as supervision, clerical staff, and back-of-the-house engineering impacted by the change.
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Consequential Costs: Analyzing crew reassignment, site constraints, weather conditions, overtime, and work delays resulting from the change.
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Why Choose Makarios Partners for Change Orders? (Owners and Contractors)
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Specialized Public Sector Experience: Our unique insight from years of representing clients in the public sector positions us as experts in navigating the complexities specific to governmental projects.
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Holistic Approach: Makarios Partners goes beyond the surface, ensuring change orders are not just transactions but strategic maneuvers that enhance project outcomes.
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Profit Protection: By aligning additional costs with current market conditions and competition, we safeguard your project profits and set the stage for long-term success.
Your Success, Our Commitment!
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Makarios Partners is your partner in change order mastery. Let us empower you to control project costs, mitigate risks, and maximize profitability. Experience the transformative power of our expertise in change order management.