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Originally Posted by Sanuk Canuk I think this is actually a gem of an opportunity for you DD.
If you set up as a primary contractor and sub contracted all the work you can normally take in 5-10% of the total value of the project with your only cost being that of advertising, a bookkeeper, a layer on retainer and a little office space. Not only that you could have 10 projects onthe go at a time.
Many expats would love to have an expat look after this kind of thing as they would be scared that a Thai would rip them off or that there would be communication problems. Also many expats do not have any experiance with the local isses related to construction and they would be willing to pay big for the peice of mind.
I had a G/F whose father was a civil engineer and he was a project manager. He had an office, 2 staff and he routinely charged 8% off the top on all contracts. When you are building 4 or 5 multi million dollar buildings at once this turns into pretty big money fast. Even if you can't get accredited as a project manager you could alway set your self up as a "buiders agent" or some other meaningless title and do the same job.
I know if it were me I would be willing to pay an extra 500k Bhat on a 5m bhat house for the peice of mind that it would bring.
Just a thought. |
Project Management/Construction Management fees are based on many things. If the client wants just construction management to monitor the job and do a control inspection, it's about 3% to 5 % of the construction project. If they want the engineer to put together a bid package and make report of the progress and do the CPM, it's more like 10% to 15%. Bigger the job, smaller percentage of the fee. That's how it is in the states.
05-12-2005, 11:50 AM
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