We have the experience, flexibility and know-how to self-perform many elements of a project and at the same time oversee the work of multiple, specialized subcontractors. We treat everyone involved in the project as a member of our team and apply this principal in every aspect of the construction process, including scheduling, materials planning and comprehensive cost management. Regardless of the project, we also make sure the client is always a key member of Team Red Sea Eagle. That makes Red Sea Eagle, LLC. easy to work with, and that makes for winning relationships, effective partnerships and successful projects. For our client’s benefit, over the years, we have established strategic alliances with experienced engineering design firms, subcontractors, and suppliers. Careful consideration is taken when selecting these alliances, to ensure our clients, receive the most qualified, professional team possible.
Time and Cost Efficiency
Phase analysis, value engineering, and accurate budgeting are completed prior to project start-up. Construction costs are evaluated at each design stage. Through efficient planning construction activities can run concurrently enabling an expedited project schedule.
An “Owner’s Program” is developed for each client that clearly outlines the scope and specific project features, thereby ensuring complete understanding between the contractor and owner.
Cost Control – or Cost Management – is implemented to assure that projects are completed within budget. Both “historical” (work and costs to date) and “projected” data (estimated remaining costs and work) are monitored and evaluated, and all members of the project team are kept informed of cost related issues. Red Sea Eagle, LLC. believes this process begins at the preconstruction stage. Within the scope of value engineering, projected costs are analysed, evaluated and, if deemed necessary, modified through design changes, to determine a lower cost basis; even before the project is under construction. Likewise, during the construction phase, our commercial managers maintain a detailed project cost accounting system that is implemented at the estimating stage of the project and is maintained throughout the project. Input to this system includes the assignment of jobs, phase, equipment, subcontract, and other codes that are used to track actual and project future costs and unit quantities for the project. Cost data is reviewed on a weekly basis, reconciled in the field against work actually completed, and cost reports are generated.