SCOPE OF SERVICES

Smith Equity Builders, Inc. can provide any or all of the following services. We pride ourselves on insuring maximum value to clients through a fixed price proposal or hourly basis for any assignment from 1 hour to 3 years of commitment. When making million dollar decisions, the cost of a third party review or sounding board is invaluable to all owners.

PROJECT FEASIBILITY AND FINANCIAL ANALYSIS

• Preparation of detailed development budgets and project pro forma financial statements to assist in making the "go/no go" decision
• Reviewing market fundamentals to determine proper product mix and pricing
• Commission appraisals and/or market research studies from leading market consultants
• Analysis and recommendation of the optimal project capital structure which maximizes returns to equity partners
• Prepare financing packages for submission to debt and equity capital providers and recommend potential capital sources

TRANSACTION SUPPORT/DOCUMENT CONTROL

• Recommend and solicit services of qualified real estate attorneys, land use consultants, architects, engineers and other consultants to support development
• Work closely with legal counsel and other third party consultants during the negotiation, drafting and review of governing project documents and critical legal documents
• Act as liaison or assist owner with investors, lenders, service providers and government agencies throughout the acquisition and development phases
• Keep detailed records of all project documents and prepare meeting minutes
• Maintain checklist of critical dates and the completion/submission of key documents

• Work along with Local Government liaisons to develop and implement a strategy for plan approval process
• Preparation, and distribution, monitoring and insuring adherence of Program schedule closely monitoring critical hearing or dates
• Coordination of Documents/Exhibits for Hearings and Submittals for Application or Site Plan Approval
• Develop strategy and prepare discussion of pros and cons of various delivery methods including Design-build, lump sum, guaranteed maximum price contracts, or cost-plus.

• Preparation of an RFP for any design services you may require
• Preparation, distribution, monitoring and insuring adherence to Program design schedule and updates
• Qualification and Recommendations on Consultants
• Prepare and Solicit interest in an RFP for Design Competition for Owners review of Alternate design schemes
• Review and comment on all contracts with local designers to insure inclusion of deliverables and schedules consistent with the program schedule.
• Critique and comment on Design schemes and preparation of relative cost conceptual estimates
• Preparation and suggestion of List of Value alternatives for Team consideration
• Expediting, monitoring and review of design work by any local consultants and insurance of locally competitive and cost effective building systems
• Preparation of in house estimates with or without subcontractor input, providing accurate pricing without committing to a CM early
• Coordination between local design consultants and your corporate consultants
• Permit coordination and applications

• Develop strategies for optimal time for contractor solicitation based on the project requirements and status of the design documents
• Facilitate coordination and direct owner contracts of early scopes such as sitework or demolition if required
• Preparation and management of a RFP to all qualified CM's
• Evaluation of proposals and recommendations
• Review, comment and assistance in negotiation of contract form and language
• Review comment and investigate intended subcontractors
• Preparation and Solicitation of alternate pricing or phasing plans as desired or considered by owner.

• Preparation and distribution of Construction schedules and updates
• On site management including weekly meeting attendance
• Payment application review and reporting.
• Preparation of Monthly reports to Boards or Owners regarding Contractor schedule, budget, requested changes, and critical project issues with recommendations
• Review, comment and provide in house cost estimates of all contractor requested changes for negotiation by SEB or others.