Advantages of Turnkey Projects in Commercial Construction

What Does Turnkey Construction Mean?
What Are the Most Common Turnkey Construction Delivery Methods?
What Is the Basic Structure of a Turnkey Project?
What Are the Significant Advantages of Turnkey Projects?

What Does Turnkey Construction Mean?

Turnkey construction refers to a method where the contractor takes on the entire responsibility of a construction project, from the planning and design stages, through the completion of the build. In simple terms, a project owner contracts with one firm for the entire scope of services associated with a capital project, making it a turnkey operation. This method differs considerably from traditional delivery methods.

What Type of Projects Can I Use Turnkey Construction For?

Turnkey contractors can employ several construction methods to deliver turnkey projects, including:

Ground-Up Construction

A ground-up construction project is a prime example of a turnkey interior contract. This involves starting from scratch, hence, “ground-up.” It includes everything from buying land, obtaining necessary permissions, drawing up detailed engineering and design plans, and carrying out the actual build and interior work. The project manager ensures that everything adheres to the agreed-upon specifications and completion schedule.

Design-Build Construction

The design-build method is another common form of a turnkey construction project. Unlike the design-bid-build approach, where individual contracts are drawn up for each project phase, the turnkey design-build method combines all steps under one contract. From planning to completed construction, this streamlines communication lines and increases the efficiency of the overall process. The method also reduces the risk for project owners, facilitating a steady, predictable work schedule with a defined budget and timeline.

Modular Construction

Modular construction involves the construction of individual sections or modules of a structure at an off-site location. These sections are then transported to the intended site and assembled by the turnkey interior contracting company. This method is particularly popular for projects where standardization and speed are of great significance.

What Is the Basic Structure of a Turnkey Project?

The basic structure of a turnkey contract consists of several key stages, such as preconstruction, architectural and engineering design, construction, and project finishing. A skilled project manager is typically responsible for ensuring each step progresses efficiently and on schedule.

The preconstruction phase involves preliminary planning and budgeting, while architectural and engineering design handles detailed engineering and layout plans. The key to the success of a turnkey project is effective management across all stages and sections.

What Are the Significant Advantages of Turnkey Projects?

While saving time and money is always at the top of business owners’ minds, turnkey construction projects have many other benefits. Let’s look at some of the attractive benefits:

Time Efficiency and Shorter Turnarounds

One of the standout advantages is time efficiency. Because all stages exist under one contract, the project typically moves quicker than it would be using traditional delivery methods. Additionally, miscommunication between the phases is minimized as the construction and design teams collaborate under the turnkey contractor, saving valuable time.

Ease of Communication

Project owners need to only engage with a single entity—the turnkey construction company. This makes coordination and communication easier. Collaboration with one point of contact eliminates the need for project owners to coordinate with multiple contractors and suppliers, marking a tremendous advantage.

Collaborative Construction Teams Working Together

Having a cohesive team with a unified vision is the key to experiencing reduced costs, quicker project completion, and minimizing communication gaps that lead to errors. Let’s see how a collaborative construction approach affects the various stages of a project:

Preconstruction

The preconstruction phase forms an integral part of any turnkey project. During this stage, the construction team analyzes the feasibility in detail, providing the owner with conceptual estimates and a detailed analysis of the resources required.

Architectural and Engineering Design

An integrated architectural and engineering design process enables progress from initial concept to detailed plans smoothly, without switching between contractors.

Building

During the building phase of turnkey projects, collaborative construction teams improve efficiency and communication. With a comprehensive understanding of the project goals and requirements developed during preconstruction, team members can effectively coordinate their activities and manage resources.

The collaborative approach enables streamlined construction processes, reducing delays and rework. Regular communication and coordination among subcontractors, suppliers, and project managers ensure synchronization of construction activities, minimizing conflicts and enhancing productivity. Open collaboration fosters a culture of problem-solving and shared responsibility, allowing for swift resolutions to unforeseen challenges. A collaborative construction team promotes a more seamless and coordinated building process, resulting in timely project delivery, cost savings, and client satisfaction.

Cost Effectiveness and Predictability

Turnkey projects offer price certainty to project owners. From the outset, the turnkey contractor and project manager work closely to develop a detailed project budget, considering all elements, including design, materials, labor, and potential contingencies. This careful budgeting provides an advantage to those with long-term financial planning and savings.

Quality Control

Achieving high-quality standards is a crucial aspect of any turnkey interior contracting. As the responsibility of the entire process lies with a single company, the company manages quality control effectively. A quality turnkey construction company ensures that the materials used and workmanship meet the required standards for safety and durability.

Turn to Building First Nations, Tulsa’s Go-To Turnkey Contractor

When you need a project delivered on time and within budget, working with an experienced turnkey contractor is vital. Building First Nations has vast experience helping businesses across various industries take advantage of turnkey projects, allowing them to focus on how to hit the ground running as soon as construction is complete. Reach out to us today to schedule a consultation so we can discuss your building project and how our turnkey construction offerings ensure success.