How to select a construction consultant

Article Abstract:

Financial institutions lending capital for construction activities are realizing the need to tighten loan evaluation and administration procedures. Lenders have to determine not only the borrower's strength but the feasibility of the project as well. To fully understand the complexities of the construction project, lenders have to enlist the services of a construction consulting firm. Factors to be considered in selecting such a firm are the consultant's experience, range of services offered, size of the firm, contact person, references and the rates for the service.

Engineering services, Evaluation, Engineering firms, Appointments, resignations and dismissals, Consulting engineers

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Managing the tax consequences of tenant construction allowances: a tenant's primer

Article Abstract:

The tax treatment of tenant construction allowances is examined. Case studies revealed that tax considerations are not really significant and that tenants should focus first on non-tax considerations in deciding how to get their leasehold improvements built. The most important considerations are quality of the buildout, timing and controlling the cost. Ground rules for tenants to be able to receive cash construction allowances without taking the allowances into income are described.

Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Rent & Housing Allowances, Taxation, Leases, Tenants, Housing subsidies

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Making the most of tenant improvement dollars

Article Abstract:

Several tips for maximizing the value of tenant improvement money are described. These include choosing the right contractor, spending much time in the design phase, spending money where it will make the most impact, selecting quality materials, reusing existing materials as much as possible and using building standard instead of custom materials. These guidelines have been proven successful in achieving the desired result of companies' office space designs.

Office Design, Methods, Design and construction, Offices, Industrial design, Office decoration

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