Looking to partner on $20 million school project in Chester County, PA
I attended a mandatory pre-bid meeting for a new elementary school in the Kennett Square School District. The project is broken down into 10 subcontracts. I am looking to partner on the general contract portion which will likely be about $5 million. I do not have the bonding capacity to perform this work, but I would like to supplement the team with pre-con and PM services.
I am willing to perform estimating and pre-con services at no-cost in exchange for being used as a PM or APM on the project. My PM fee will also be less than what is typically paid to PMs.
The partnering contractor must have the following qualifications:
-5 years experience in public school construction
-2 school construction projects of $5 million or more for just GC portion OR $15 million for single combined contract.
Public bidding has been very competitive lately, and the winning bidder will certainly have strong relationships with local subs that are willing to work on low profit margins. Like I said, I can help a team provide a lower cost with free pre-con work and low PM fees.
Please contact me at john@constructonomics.com if you are interested. The project bids on January 5, 2009.
Tags: chester county, construction, Construction blog, Construction Economics, John Poole, Joint Venture, partner








John
Have noticed you searching for JV partners for bonding on several projects.
Has there been signifcant interest and how successful have you been thus far?
TJ
There has been some interest however, I have not nailed down a deal yet.