Question 1

What is value engineering?

Accepted Answer

Value engineering is a structured study of the planned project by a multidisciplinary team comprising the owner, builder, and design team. This study generally recommends options regarding design, materials, and methods of execution. It takes place at the beginning of the design process to result in substantial savings and superior quality concerning construction feasibility, material choice, material availability, labor availability, and installation and construction time.

Question 2

What is the difference between fixed-price and controlled management?

Accepted Answer

In a fixed-price contract, the cost is predetermined. In controlled management (cost-plus), costs are reduced compared to a fixed price because unforeseen risks are eliminated at the source. Controlled management allows for continuous project optimization, considerable savings, total client control, and flexibility.

Question 3

What is the turn-key service?

Accepted Answer

In the turn-key service, Gératek acts as the project manager throughout the entire project, serving as both general contractor and consultant. This service has built the company's reputation. Gératek has surrounded itself with select partners over the years to ensure clients' peace of mind.

Construction Gératek Ltée

Construction Gératek Ltée