DEV STRATEGY

Multifamily Residential

9 Months Behind. $1 Million in Carrying Costs. One Phone Call Away from Bad to Worse.

9-storey multifamily apartment building, 72 units. Schedule concerns flagged 11 months into a 24-month schedule. Contractor kept reporting they would get things back on track. By month 16, works were 9 months behind, subcontractor coordination had broken down and quality non-conformance reports (NCRs) were accumulating with marginal response from the main contractor.

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The Challenge

What Was Happening on the Ground

9-storey multifamily apartment building, 72 units. Schedule concerns flagged 11 months into a 24-month schedule. Contractor kept reporting they would get things back on track. By month 16, works were 9 months behind, subcontractor coordination had broken down and quality non-conformance reports (NCRs) were accumulating with marginal response from the main contractor.

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Before & After

The Before and After

MetricBeforeAfter

Systems Implemented

Systems We Put in Place

1

System

Weekly site report + photo record

2

System

Subcontractor coordination register

3

System

NCR tracker with closure deadlines

4

System

3-week look-ahead programme

5

System

Lender reporting protocol

Outcomes

What Changed

2.5 months of programme recovered through enforced subcontractor sequencing

NCR backlog cleared. Defects prevented from being built over

Lender confidence restored

drawdowns resumed without further hold

Client had, for the first time, an accurate picture of real completion date

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