Construction Risk Scorecard
Will your project finish on time and on budget?
Answer 10 yes/no questions. See the hidden risks most likely to cost you money, before a contractor finds them for you.
1.Do you have permit-ready (stamped) drawings?
2.Has anyone surveyed existing MEP (HVAC, electrical, plumbing) capacity?
3.Do you know the lead times for HVAC, switchgear and storefront?
4.Is there a contingency of 10% or more in your budget?
5.Do you have a hard date — lease start, opening or claim deadline — in writing?
6.Has the landlord approved the work letter / TI scope?
7.Have ADA path-of-travel requirements been checked?
8.Is one person authorized to approve changes quickly?
9.Are the bids you're comparing based on the exact same scope?
10.Does your contractor commit to daily written progress updates?