What are the potential savings of using prototype plans?
Design fees are not a large part of the total construction costs, but savings on fees are possible if modifications to the design are kept to a minimum. The big potential for savings is planning time, especially the pre-planning phase when the decisions of what to build are made. Design time is also shortened, less reviews, revisions, and delays. Getting out to bid sooner means less increase due to inflation. Contractors who are familiar with a prototype plan may give favorable bids to repeat projects.
Related Questions
- How does Anthem notify a potential Qualifying Beneficiary of their rights and obligations under COBRA for those plans that have contracted with Anthem to provide COBRA administration services?
- Does the change in the AEP Retirement Savings Plan service provider apply to the non-qualified plans, including the supplemental savings plan and the deferred income plan?
- What are the potential savings of using prototype plans?
