Implementation tips for apartment, condo, or hotel renovation projects using estimates and multi-prime contracts

Business overview

  • One project that includes one or more buildings, each with multiple units (for example, apartments, condos, or hotel rooms).

  • Multiple unit models or floor plans.

  • Units are released for renovation individually and not in sequence (for example, Building 1 – Unit 5; Building 3 – Unit 7).

  • All work is tracked under a single project, but managed at the unit level.

  • Billing is performed at the unit level only.

  • The contractor requires budget tracking by unit and job cost code (for example, Building 1 – Unit 5 - Electrical, Drywall, Paint).

Implementation plan