Commercial constructions within the modern real estate environment imposes challenges in the terms of the managing stakeholders such as architects, contractors, consultants and many others. This results in construction delays, increase in costs, and operational distractions. However, turnkey construction provides a solution by integrating various aspects of construction such as integrating design, engineering, procurement, and execution under one entity. At BS Structural Innovation Company, turnkey construction is considered a systematic engineering and execution system. As such, projects are completed efficiently, reliably, and to the best quality.
What Turnkey Construction Means?
Turnkey construction refers to a construction project delivery system in which one entity undertakes the entire construction project from conception and design to procurement, execution, compliance, and commissioning of the completed project. The entity works with the client to coordinate every step of the construction project. The steps include:
- Structural and architectural coordination
- Sourcing materials, including items with long delivery times
- On-site execution and quality control
- Compliance tracking and handover of the completed project
Research indicates that integrated construction project delivery systems such as turnkey construction significantly reduce cost and schedule overruns as opposed to traditional construction approaches.
Why Turnkey Construction Matters?
- Single-Point Accountability
In traditional construction approaches, various entities are involved in the construction of a project. As such, when issues arise, such as delays or design or service interface issues, the client becomes frustrated as they try to resolve the issues with various stakeholders. However, in turnkey construction, there is a single-point accountability. The decisions regarding structural elements, MEP coordination, and material procurement are made within one entity.
- Faster Delivery through Integrated Planning
The saying goes, time is money. Delays in commercial construction have a direct impact on the revenues of the business as well as the efficiency of the operations. In the case of the turnkey approach, it is possible to have concurrent work streams, where, for example, while the structural design is being finalized, procurement, prefabrication, etc., could be underway in parallel. Studies have shown that integrated delivery systems can reduce construction time by as much as 20% as compared to traditional construction systems.
- Cost Predictability and Budget Control
In commercial construction, changes to designs, price fluctuations, etc., often cause budget overruns. A turnkey approach eliminates these risks by providing a cohesive approach to technical as well as financial planning. A centralized approach to procurement ensures better pricing, schedules, etc. Commercial clients can then plan their budgets with greater ease, security, and control.
- Quality Assurance and Long-Term Performance
A turnkey approach to construction ensures that engineering best practices guide every step of the construction process. Factors such as load paths, slab thickness, reinforcement, etc., are closely monitored to prevent structural problems that could arise in future. Research has confirmed that integrated delivery systems improve building quality as well as durability by minimizing errors that occur during a fractured responsibility approach.
- Simplified Compliance and Operational Readiness
It is necessary that the commercial construction projects comply with various requirements like safety regulations, etc. A turnkey construction process will ensure that all the compliance requirements are integrated during the construction process itself, thereby ensuring easy approvals and operational permits.
Conclusion
Turnkey construction is not just an option but a strategic way of conducting business, which helps minimize risks, ensure reliable schedules, and provide financial and structural accountability. BS Structural Innovation Company is dedicated to delivering turnkey construction projects with engineering discipline, operational control, and efficiency. Our turnkey construction model will provide commercial facilities that do not only meet deadlines and budgets but will also be reliable, efficient, and operational from day one.