Owner’s Representative Construction Management (ORCM)
At CameronButcher in Colorado Springs, we consider ourselves to be a unique commercial real estate management broker company because we are able to provide our clients with an Owner’s Representative Construction Manager (ORCM).
An ORCM is exactly what it sounds like: a representative for the owner of a construction project. Duties of an ORCM, however, are not so simply stated.
The Need for an ORCM
An owner is interested mostly in the final product of construction; the owner will occupy the building and make use of it once it is complete. However, when it comes to dealing with a general contractor and a project’s construction, an owner usually is at a disadvantage, because construction typically is not part of daily business.
This drawback creates the need for a skilled construction management professional who will protect the owner’s interests.
The owner’s interests and responsibilities during the course of a construction project range from design and function to budget and bids. Proper supervision assures that the design meets the owner’s function and aesthetic needs, bids are solicited, change orders analyzed and approved, and the budget and prime contractor are well managed.
Our ORCM’s Role
As the owner’s representative, CameronButcher Management in Colorado Springs offers a full spectrum of services that guides the owner through every step of the construction process: from organizing bidding and recommending a general contractor to ongoing supervision until move-in day.
The ORCM, acting as a project management consultant, coordinates and manages contractual relationships with designers, engineers, contractors, and vendors. Having this representation reduces stress for the owner, keeps the budget in check, and provides maximum protection from contractor default and litigation.
Additionally, the owner receives assistance with the many facets of construction not covered in the standard contract, such as moving in, supplying furnishings and equipment, and maintaining complex electrical, HVAC, and plumbing systems.
Long after the general contractor has gotten his last check and moved on, the owner can count on the skills and guidance of the CameronButcher ORCM.