Fixed-Scope Reviews
Three defined engagements, each with a fixed fee, a fixed deliverable, and a set timeline. Aventra's judgment on one question, before you commit to the next.
Answer one question before you commit to the next.
Not every owner is ready to engage a full-time owner's representative, and not every question needs one. A budget about to be approved, a contract about to be signed, a project about to be bought, or a project that has started to drift: each can be answered with a defined review, on a fixed fee quoted in advance, with a written report at the end. The report belongs to you. There is no obligation to continue with Aventra afterwards.
Choose the review that fits the decision in front of you.
Independent Budget and Contract Review
- Best for
- Owners about to approve a budget or GMP, or sign a construction contract.
- You receive
- A findings register ranked by dollar exposure, contract points for your counsel, and a review meeting.
- Timing
- Ten business days from a complete document set.
Pre-Acquisition Construction Due Diligence
- Best for
- Buyers, investors, and lenders evaluating a project under construction, a completed building, or an entitled site.
- You receive
- A due diligence report, a risk register, and a cost-to-complete range.
- Timing
- Sized to your diligence period, usually two to three weeks.
Project Health Check
- Best for
- Owners already under construction who sense that cost, schedule, or the contractor relationship is drifting.
- You receive
- An assessment report, an open items register with an owner for every item, and a path-forward recommendation.
- Timing
- About three weeks, including at least one site inspection.
Each fee is fixed and quoted in writing before the work starts. Not sure which review fits? Book a 20-minute call and we will tell you.
What each review covers
Independent Budget and Contract Review
For owners about to approve a construction budget, accept a guaranteed maximum price, or sign a construction contract.
- What we review: the budget basis and its completeness against the drawings; contingency and allowances; the GMP or cost exhibit, with its qualifications and exclusions; bid leveling where there is more than one bid; and the contract terms that decide who pays when something changes: change orders, payment and retainage, schedule and delay, insurance, lien releases, and closeout.
- What you receive: a written report with a findings register ranked by dollar exposure, a list of contract points for your counsel, and a review meeting to walk through it.
- Typical timeline: ten business days from receipt of a complete document set.
Pre-Acquisition Construction Due Diligence
For buyers, investors, and lenders taking a position in a project under construction, a recently completed building, or an entitled site with plans.
- What we review: the physical work in place, by visual observation; permits and open items; the budget, commitments, and cost to complete; the schedule and the contractor's position; contracts, change orders, and lien exposure; and warranty and closeout status. For an entitled site, whether the plans, budget, and schedule are realistic for the product.
- What you receive: a due diligence report that leads with the issues an investment committee needs to see, followed by a risk register and a cost-to-complete range.
- Typical timeline: sized to your diligence period, usually two to three weeks.
Project Health Check
For owners already under construction who sense that cost, schedule, or the contractor relationship is drifting, and want an independent baseline before deciding what to do.
- What we review: payments released against the contract and against the work actually in place; the governing contract documents; permits and approvals; design status; the schedule; and the site itself, with a dated photographic record.
- What you receive: an assessment report, an open items register with an owner for every item, and our recommendation on the path forward.
- Typical timeline: about three weeks, including at least one site inspection.
How a fixed-scope review works
- A short call first. We confirm the question, the documents available, and any deadline you are working to.
- A fixed fee, quoted in writing. The fee and the deliverable are set before the work starts.
- Independent by design. Aventra has no construction arm, no design arm, and no affiliated contractors, and takes no fee from anyone on the other side of the table.
- Written for the reader who decides. The same plain-language standard as The Aventra Owner's Report. See a redacted sample report (PDF).
Aventra carries general liability and professional liability (errors and omissions) insurance, and provides certificates of insurance on request.
One question. One fee. One clear answer.
A review is only useful if it changes a decision. Every fixed-scope review ends with a written recommendation, ranked by what it is worth to the owner, from a team that has priced, built, and managed projects of this kind for three decades.
Fixed-scope reviews, answered plainly.
How is the fee set?
After a short call and a look at the document list. The fee is fixed and quoted in writing before the work begins, so the cost of the answer is known in advance.
Do we have to engage Aventra after the review?
No. The report is yours to use as you see fit, including with another firm. Some owners continue with us as owner's representative or development manager; many simply use the report to make the decision in front of them.
What do you need from us?
The documents that bear on the question: the budget, the contract or draft contract, the drawings, pay applications, the schedule, and the permit record, as applicable. Where something is missing, the report says so, because a missing document is often a finding in itself.
Will you speak with the contractor or the design team?
Only with your authorization. Many reviews are completed from the documents and a site visit alone. Where a conversation with the contractor or architect would sharpen the answer, we agree it with you first.
Can a review be done for a lender or an investor rather than the owner?
Yes. Pre-acquisition due diligence is usually commissioned by the buyer, the investor, or the lender. For ongoing oversight of a loan or an equity position, see construction monitoring.
A fixed fee, a written answer, and no obligation beyond it.
Tell us about the project. We respond within one business day.