Feasibility Study
Initially, ArchStone meets with the client at no cost and with
no obligation in order to understand the clients desired goals , scope of work,
and budget. At the client's direction, the next step is for ArchStone to
develop a very basic Conceptual Plan, Specifications, and Budget.
Preliminary Design Review
ArchStone and the client work together to retain a qualified
architect. A Preliminary Plan is developed and reviewed. At this
stage, the engineer and key subcontractors are consulted for input on the
preliminary design, as needed. Desired products are addressed and a Preliminary
Budget is established.
Project Specifications
At this point, the Client has approved the Preliminary Design
and a Preliminary Budget has been established. Clients also receive the Product
Selection Outline, which is a comprehensive outline of all of the products that
the client and interior designer will need to select. A listing of ArchStone's
preferred suppliers and their showroom locations is included. Clients use this
valuable outline to select products for their project - from cabinetry and
plumbing fixtures to flooring and counter surfaces. Once plans are 95% complete,
a Bid Conference is conducted with key subcontractors and suppliers. This
Conference is one of the most important parts of the process because it readies
the team for construction.
Final Agreement
At this point, final revisions are made to the Working Drawings
and a final Budget is established and approved. A groundbreaking date can then
be set and final preparations can be made to begin construction.
Production Mobilization
The project can now be introduced to the Production Team, which
is mobilized to prepare for construction. Subcontractors and Suppliers are
notified and readied. A Pre-Construction meeting will take place at the project
site and the site will be prepared for construction.
Construction
Ground breaking is an exciting step for Clients, but it takes
the first five steps to successfully get to this point. Construction schedules
will vary depending on the nature of the project.
Post Construction
The project is finalized in this last step and closure is
brought to the project. The Production Team ensures that the scope of work has
been successfully met according to the Final Agreement. This stage
includes Final Inspections, Punch Lists, as well as Client Follow-ups.
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Typical Investment Schedule:
Feasibility Study
Initial Meeting -
Complimentary
Conceptual Plan, Specifications and Budget -
$1495 to $2995
Preliminary Design Review
Project Specifications
Both combined - ~
3%-10% of the projected value of the scope of work.
Final Agreement
Production Mobilization
Both combined - Cost
is based on the value of the scope of work and the value of products
ordered prior to the start of construction.
Construction
Post Construction
Construction Stages -
Payments for Construction Stages are based on the Final Agreement.
Payments are disbursed based on timeframes or milestones reached during
construction.

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