Building Success: The Newbanks Approach

Construction projects can be complex and challenging, requiring careful planning, coordination, and expertise to ensure successful completion. With the increasing complexity of construction projects, many organizations are turning to construction consultant companies to help manage and navigate the intricacies of the construction process. Newbanks provides a wide range of services and offers numerous benefits to their clients. Here are a few key benefits of using Newbanks and all the unique services that Newbanks provides.

The most significant advantage of hiring Newbanks is access to their expertise and experience. For over 60 years, Newbanks has been helping identify and manage construction risk for lenders then underwriting construction loans.

During the Document and Cost Review Process, Newbanks will review and comment on the suitability of project drawings and specifications, surveys, environmental assessment and geotechnical reports, design and third-party consulting agreements, construction agreements, and construction schedules.

Construction projects can often exceed the budget due to unforeseen circumstances or inadequate planning. However, with the help of Newbanks, minimizing cost overruns is essential with their expertise and knowledge of construction costs, including labor, materials, and equipment.

Construction projects require meticulous planning, organization, and coordination. Projects can easily fall behind schedule or encounter delays without effective project management. With over 60 years of experience, Newbanks has reviewed thousands of projects and billions of dollars worth of construction and commercial real estate assets across America.
Newbanks also has an extensive network and resources within the construction industry. Newbanks has established relationships with contractors, suppliers, and other key stakeholders. This ensures the availability of the best resources for construction projects. They can recommend reliable contractors, negotiate favorable contracts, and source high-quality materials and equipment. Newbanks’ access to their vast networks and resources enhances the efficiency and effectiveness of construction projects.

In conclusion, hiring Newbanks offers numerous benefits to organizations embarking on construction projects. Newbanks provides expertise, experience, and knowledge to ensure the successful completion of construction projects. Newbanks helps organizations save costs, manage risks, maintain quality, and enhance project management. By leveraging its extensive network and resources, Newbanks is able to enable organizations to achieve their construction goals efficiently.