Valuable Capital Investment

V.C.I.

Valuable Capital Investment

Construction

Introduction

V.C.I. construction team specialize in ground-up construction, sustainable building, historic preservation, and logistically complex projects in urban core markets. VCI’s commitment to our core values of integrity, honesty and respect permeates everything we do.

MISSION – We focused on safely delivering high quality and complex projects. Our exceptional people work with clients to solve the toughest building challenges from concept to completion. Our vision is to be an industry leader by offering a unique blend of experience that caters to a new way of living and working.

Pre-Construction Services

Pre-Construction is the phase of a negotiated construction contract that develops the road map for the project team. The Pre-Construction Phase unites the project team, architect/interior designers, engineers, construction managers, clients, and landlords.

The team works together at the inception of the project to help establish sufficient conceptual information to prepare preliminary budget estimate and project schedule. These budgets of dollars and time are updated periodically through the development of the contract documents. The end result being that the client knows where the project is headed in dollars and time before the completion of the drawings.

A significant factor of Pre-Construction is value engineering. This evaluates the cost of systems, designated areas of design and allows for suggested alternatives for cost savings and/or efficiency measures. Pre-Construction also provides for the identification and pre-ordering of long lead items.

Consult with client and project team

Conduct site evaluation and environmental reporting

Develop, maintain, and update master budget, cost estimates, and cost-to-complete projections

Develop lines of communication, project teamwork roles, and project management plans

Assist in developing project scope by evaluating current facilities

Plan construction process – sequencing, bid packages, fast-tracking

Coordinate strategy and logistics for temporary facilities

Generate cost estimates, including soft and hard costs

Provide and/or assist in value engineering

Review to ensure that plans are feasible and complete

Assist in project scheduling

Project Management

The Project Management portion of the construction process represents one part of a two-part responsibility. Operating “hand-in-hand” with the superintendent, the project manager takes the lead on all documentation, delivery of special items, reporting, financial analysis, cost control, and schedule updates. The project manager acts as the primary liaison for project administration. The project manager is always striving to be ahead of the project curve, anticipating issues and following up on items to ensure the project’s consistency, predictability, and conformity to goals and needs.

  • Quality control.
  • Timely and concise communication with project team members.
  • Manage all project correspondence.
  • Prepare and update project schedules and reports on a regular basis.
  • Chair all meetings, prepare, and distribute meeting minutes.
  • Prepare and distribute all financial projections and reports.
  • Coordinate monthly draws and payments to subs and vendors.
  • Track, expedite, and report on submittals, transmittals, samples, and shop drawings.
  • Track and expedite products and fabrication.
  • Expedite and confirm material and product deliveries.
  • Coordinate receipt of project closeout data; compile and submit warrantees, guarantees, as-builts, equipment operating manuals, attic stock, and other required products.

Construction Supervision and Timeline Management

The Supervision process complements the project management process; whereas the project manager is responsible for the project administration, the superintendent is responsible for the actual production. Stationed on-site, the superintendent controls and monitors construction to ensure adherence to schedule, quality of construction, and overall job safety. The superintendent and project manager maintain a high level of communication.

The Project Manager qualifies the subcontractors and executes the contracts. Together with the project manager, the Superintendent is lead on-site coordinator of all subcontractors and materials, with the directive of maintaining a safe and productive job site. The end goal is to have a zero-defect job that finishes on schedule

1.Develop detailed construction management plan

2.Coordinate sub-contractor’s work and facilitate the timely construction of the project

3.Attend meetings with Client, Architect, and Contractor

4.Establish notification procedures for utility shutdowns

5.Coordinate activities of multiple contractors to avoid conflicts

6.Provide administrative assistance

7.Develop and maintain correspondence logs

8.Develop and maintain submittal and shop drawing logs, review for accuracy

9.Develop and maintain a Request for Information (RFI) log

10.Monitor weekly and monthly management summary reports defining work progress

11.Review monthly payment requests for completeness and accuracy

12.Monitor construction schedule

13.Coordinate Contractor’s work and facilitate project’s timely completion

14.Review potential claims and make recommendations

15.Perform field inspections to evaluate work-in-progress

16.Assist in scheduling required inspections

17.Work with all local and governmental agencies to keep them informed of project progress

18.Along with Architect and Design Team, prepare and monitor all punch lists until completed by Contractor

1.Develop detailed construction management plan

2.Coordinate sub-contractor’s work and facilitate the timely construction of the project

3.Attend meetings with Client, Architect, and Contractor

4.Establish notification procedures for utility shutdowns

5.Coordinate activities of multiple contractors to avoid conflicts

6.Provide administrative assistance

7.Develop and maintain correspondence logs

8.Develop and maintain submittal and shop drawing logs, review for accuracy

9.Develop and maintain a Request for Information (RFI) log

10.Monitor weekly and monthly management summary reports defining work progress

11.Review monthly payment requests for completeness and accuracy

12.Monitor construction schedule

13.Coordinate Contractor’s work and facilitate project’s timely completion

14.Review potential claims and make recommendations

15.Perform field inspections to evaluate work-in-progress

16.Assist in scheduling required inspections

17.Work with all local and governmental agencies to keep them informed of project progress

18.Along with Architect and Design Team, prepare and monitor all punch lists until completed by Contractor

Valuable Capital Investment

Project Tools & Systems

We draw upon a variety of resources to ensure that we provide our clients with the very best product possible. From the latest cutting-edge technology to basic pick and shovel – we use it. Our staff members are equipped with networked laptops with advanced software and email, in addition to smart phones and iPads. No one is more than ten minutes away at any time. We acknowledge that each project has its own set of needs and demands, and we have purposely formulated our reporting systems, forms, and tools to allow maximum flexibility and diversity. We adapt our tools to meet your needs.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. 

V.C.I. utilizes the following reporting tools and systems to enhance project communication and information flow.

    • Prepare subcontractor and vendor agreements that reference and complement the owner-contractor agreement.
    • Weekly meetings with owner and subcontractors.
    • Process submittals, samples, and shop drawings; update corresponding logs weekly.
    • Master and weekly update schedules on Microsoft Pro Scheduling Software.
    • Update and distribute three-week rolling schedules.
    • RFI’s and RFI logs.
    • COR’s and COR logs.
    • Daily Field reports.
    • Hold weekly safety meetings; review safety procedures.
    • Project cash flow reports and updates.
    • Monthly client invoicing; disburse client funds to proper subcontractors and vendors, and ensure receipt of partial and final lien releases as appropriate.
    • Ensure that all subcontractors and vendors have appropriate liability and workers’ comp insurance.
    • Quality control reports.
    • Coordinate building department inspections.
    • Expedite product fabrication and delivery.
    • Inventory controls.
    • Real time cost reporting.
    • Internal auditing.
    • Project closeout punch list.
    • Project closeout warrantees and guarantees, operating manuals, as-built drawings, and attic stock.

Project Accounting

Each of our projects is assigned a Project Accountant who works with the project manager to handle all aspects of the project’s accounting needs. By combining the services of accounts payable and receivable, payroll, general ledger, and insurance under one account manager, we provide cohesiveness in our approach: an individual who has a vested interest in the project outcome.

PLANNING PHASE:

    • Establish project-specific billing and payment procedures.
    • Develop a preliminary cash flow schedule.
    • Review the financial qualifications of proposed subcontractors.

CONSTRUCTION PHASE:

    • During construction, the primary focal points are cost and risk control. The project accountant will:
    • Prepare frequent internal audits.
    • Evaluate subcontractor liability and worker’s compensation insurance.
    • Review and update cash flow schedules.
    • Ensure receipt of proper lien releases and other interim documents.
    • Comply with any special project reporting requirements.
    • Standard payroll, accounts payable, accounts receivable, and general ledger processing.

PROJECT CLOSEOUT:

    • Prepare final billings.
    • Closeout subcontractor and vendor accounts.
    • Acquire and submit appropriate final releases.
    • Prepare any project specific reports and documentation.
 

Valuable Capital Investment

Valuable Capital Investment

  • 650-675-3193
  • info@vcicompanies.com
  • 798 N FIRST ST, SAN JOSE, CA 95112
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