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| COMPANY | PORTFOLIO | CURRENT PROJECTS | OUR PEOPLE | CONTACT US | |
How We Work
"Under the leadership of Gary Maynard, Holmes Hole Builders offers the island property owner the highest possible standard of workmanship, attention to detail, and the ability to get the project “just right”. Gary Maynard personally follows through on his promises to his contractors and clients. My relationship as a landscape subcontractor with Holmes Hole Builders has been the most enjoyable professional relationship I have had. Each contractor who works for Gary feels that he has been personally selected for an important project. Our collective pride, inspired by Gary, is evident in the select island properties created by Holmes Hole Builders."
Caleb Nicholson
Holmes Hole Builders provides the strength and expertise of a large firm with the personalized attention and customer service of a smaller construction company.
Each residential project has a full-time Site Supervisor dedicated to the job from beginning to end. He will be on-site every day for the duration and will be fluent in all technical aspects of the construction of the house and will have input into the scheduling and the manning of the job. Back in the office, the Production Assistant will manage the purchasing of materials, archiving plans, tracking change orders and collating correspondence related to the construction. The Business Manager and Bookeeper will track the expenditures for all labor, materials and subcontractors, produce AIA documentation for monthly billing, and track retainage and deposits.
That leaves Gary Maynard, our Principal and General Manager, free to consult with the owner, architects, engineers and decorators on aesthetic and structural issues that arise during the course of construction. He also keeps close tabs on the production schedule, negotiates with subs and suppliers, and oversees the implementation of the budget. In short, thanks to a competent support staff, he is able to actually manage the project in all its technical, aesthetic, fiscal and political complexity.
CONTRACT FORMATS
We use three different types of contract structures for our residential projects. Each type has its own advantages, depending on the client’s needs and the state of the design at commencement of construction.
Fixed Price with Allowances
With this type of contract, the Owner has the assurance of a concrete project cost, give or take the few line items that may not have been completely specified when the contract is signed. Allowances are good faith estimates for things like ceramic tile or flooring choices that have not yet been made. Typically, allowances are priced and approved prior to starting that particular phase of the job.
With this type of contract, the Owner has the assurance of a concrete project cost, give or take the few line items that may not have been completely specified when the contract is signed. Allowances are good faith estimates for things like ceramic tile or flooring choices that have not yet been made. Typically, allowances are priced and approved prior to starting that particular phase of the job.
Cost Plus
If the plans are still evolving when the architect has requested a quote and the client wishes to begin, then this type of contract is a good option. An exhaustive estimate for the project is prepared, including allowances for all line items, even ones that are not yet specified. The estimate becomes a guidepost for the job, and is updated monthly throughout the project. All direct job costs for labor, materials and subcontractors are passed on to the owner, plus a “Profit & Overhead” multiplier. The P&O percentage covers many indirect expenses as well as the company’s profit on the job. This is all spelled out in detail in the contract documents.
If the plans are still evolving when the architect has requested a quote and the client wishes to begin, then this type of contract is a good option. An exhaustive estimate for the project is prepared, including allowances for all line items, even ones that are not yet specified. The estimate becomes a guidepost for the job, and is updated monthly throughout the project. All direct job costs for labor, materials and subcontractors are passed on to the owner, plus a “Profit & Overhead” multiplier. The P&O percentage covers many indirect expenses as well as the company’s profit on the job. This is all spelled out in detail in the contract documents.
Construction Management Fee
With this method, all direct job costs are billed to the Owner and the contractor takes a specified fixed fee for the management of the project. This method limits the amount paid to the contractor, but still allows for flexibility in materials and finishes.
With this method, all direct job costs are billed to the Owner and the contractor takes a specified fixed fee for the management of the project. This method limits the amount paid to the contractor, but still allows for flexibility in materials and finishes.
Change Orders
All three contract types are subject to Change Orders, which are basically addendums to the contract specifying the costs and timelines for changes in the work desired by the owners or architects. They are agreed to by all parties during the course of the job. Some projects have only a handful, while others have may have well over 100.
