betterServices by Stage
Construction Preparation Phase Service
- 01
- Nominated Subcontractor
- Maximizing client profits by utilizing cutting-edge order systems and selecting verified partners with excellent track records
- 02
- Order Work across all areas
- Separated selection and direct contract ability of design firms, consulting firms, general contractor and subcontractor, equipment, etc. to promote the quality of the project
- 03
- Support the general Construction Company Selection
- Prevention of disputes and claim with the usage of standard contracts Prevention of design changes by accurate cost estimation
01 Nominated Subcontractor
Maximizing client profits by utilizing cutting-edge order systems and selecting verified partners with excellent track records
Utilization of a cutting-edge ordering system (Burj Khalifa, LOTTE World Tower, etc.)
Undertakes order work directly(Dependent on the experience and competency of CM)
- Ensuring the project quality by involvement of verified excellent partners
- Cutting-edge ordering system used in the United Kingdom, the Middle East, Singapore, etc.
- Nominated Subcontractor(NSC)
- The company of the client’ direct selection of verified partners(subcontractor) of excellence to insure the quality of the project and eliminate risks beforehand
Trends in Korean Domestic Orders
Limited to simple supervision work. Delegation for Comprehensive Ordering
- Risk by selection of the lowest price company without technical competency consideration
- Most common order system used in Korea
02 Order Work across all areas
Separated selection and direct contract ability of design firms, consulting firms, general contractor and subcontractor, equipment, etc. to promote the quality of the project
"Over 40,000 orders undertaken in all areas" The Only CM company in Korea to offer a total range of service from ordering to settlement of the contract in all the fields of design, consulting, subcontractor, equipments, logistic facilities.
- Ordering experience in 800 projects of LOTTE Group
- RFP in all areas
- Big Data from supertall structure consulting
- Pool of 5,600 partner companies with LOTTE Group
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01Order
- Planning ordering schedule
- Reviewing drawing for ordering
- Reviewing quantity and unit price
- Reviewing and confirming the estimated price
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02Site briefing for biddin
- Development of specifications
- Preparation for site briefing documents
- Review of pool of partner companies
- Supervisionof the bidding process
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03Contract
- Analysis of the bid results
- Contract drafted
- Evaluation and preparation for disputes and claims
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04Balancing of Accounts settlement of the contract
- Balancing of account schedule
- •Standardization for balancing of account
- Checking quantity and unit price
- Finaizing the contract costs
03 Support the general Construction Company Selection
Prevention of disputes and claim with the usage of standard contracts Prevention of design changes by accurate cost estimation
LOTTE CM Support for Selecting Construction Companies
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01Experience in Supertall Structures
- Supertall structure risk data
- Specialized specifications for each area
- Case studies and response toward potential mistakes
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02LOTTE Group Big Data
- Specialized data for each area
- Latest actual cost database for each item
- Expertise in the prevention and resolution of potential complaints and conflicts
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03Ordering Method Review
- Ordering method for supersize projects
- Individual or partial contracts
- Proactive review toward NSC
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04Specialized Organizations in LOTTE CM
- Specialized Budget Team within LOTTE CM
- Contract and Claim Specialists within LOTTE CM
- Definition of the contract scope and task level Establishment of Standard contract Prevention of Potential disputes and claims
- Utilizing Quantity Surveyor and industry data Accurate cost estimating Prevention of Change orders