real estate

What’s Included in a Preconstruction Package and Why It’s Worth Every Dollar

The question developers ask most often about preconstruction is what it actually costs. The more useful question is what it prevents. A professional preconstruction services package from a qualified residential construction company does not add cost to a project, it replaces guesswork with documentation at the only phase where doing so is still free.

Quantity Takeoff

A line-by-line extraction of every material in the plan set lumber, concrete, roofing, MEP rough-in, insulation, finishes counted and measured directly from the drawings. This is the document that makes the budget defensible. Without it, every cost figure in the estimate is a category average with no connection to the actual project.

Baseline Estimate

The baseline estimate converts the takeoff into dollars using current labor and material pricing specific to the North Metro Atlanta submarket. Not national benchmarks. Not last year’s pricing. Current trade and material rates calibrated to Cherokee, Forsyth, and Fulton county market conditions. This is the number the pro forma runs on and the number the lender underwrites.

Value Engineering Shortlist

Value engineering in construction analysis is a structured review of every design decision in the plan set. Each item on the shortlist identifies a specific alternative, documents the cost savings, and notes whether the change affects code compliance, structural performance, or the finished product’s rentability. The investor decides which items to adopt. The contractor executes the decision. Nothing moves without approval.

Preliminary Schedule and Permitting Path

The preliminary schedule maps the build sequence from permit intake to certificate of occupancy with realistic milestone dates. The permitting path outlines documents the jurisdiction-specific submittal sequence, flags pre-application requirements, and sets an approval timeline based on how the relevant AHJ actually operates. A general contractor in Atlanta, Georgia who skips this deliverable is giving the investor a start date with no factual foundation.

The Credit Structure

Factum’s preconstruction package is credited against the GC contract if construction is awarded within the credit window. For developers who move forward with the build, the planning phase costs nothing. For those who use the package to decide not to proceed because the numbers do not work, the fee purchased the most important information in the deal before any capital was committed to construction.

Start with a preconstruction package before you commit to a builder or a budget. Book a call with Factum Construction.