The Chesapeake pledge is to deliver a well-managed construction process, infused with creativity and attention to detail. We are our clients advocates. Bringing the experience, business process and professionalism that is required for delivering premium custom homes on time, on budget, and transparently.
At Chesapeake we focus on transparency and efficiency. The means in which we manage a project budget and how we are compensated is, for the most part, a decision left to the preference of our client. We simply strive to enable our clients to be comfortable. To this end, we have successfully managed projects in each of the following ways and leave it up to you to decide which you prefer.
When we enter into a cost-plus relationship with a client the project budget is based on a completely transparent model. Our clients can see literally everything that goes into formulating the final construction budget and how each aspect of the project is accounted along the way. No cost is incurred without approval and sign-off. No invoice paid without client review of the workmanship and confirmation. Chesapeake is paid for project management and a set percentage-based fee for our profit and overhead.
A fixed-price budget offers the most cost certainty to a homeowner. With complete, detailed construction plans, specifications and finish schedule Chesapeake is able to competitively bid the project and provide a firm, reliable budget. Unless you make changes along the way or truly unknown conditions are encountered there is no risk.
We understand the level of investment building or renovating a home entails. We understand that for many, no matter how many safeguards, years of experience, awards, or references a builder has, relinquishing control is difficult. We’ve spent the past few years pondering this predicament and coming up with a model that enables a successful construction project while leaving complete control in the homeowner’s hands. Our Homeowner Representative model provides for complete financial security and allows the Chesapeake team to manage the construction process transparently and with a constant eye on quality and design. We review completed work with you monthly, you fund the dedicated accounts payable account, and we distribute to the recipient subcontractors and vendors as your agent.