Contract Types

Administration contract

The customer pays the direct construction cost of the work, generated during specific periods of work and also pays a management and utility fee, the latter could be fixed or a percentage of cost, according to the customer needs. The company is responsible for managing all aspects of construction, namely, material handling, billing, payroll, payroll taxes and payments to suppliers, management policies, etc.

It is used mostly when there is no precise information about the specifications of the work as to give a fixed price or when the customer wishes to verify the use of the resources in the development of the work. You are given the opportunity as the customer to participate in the obtaining of some materials and sub-contracts which are considered to be sensitive. On the other hand, in this type of contract the customer assumes the risk by changes in the market compared to the initial prices of materials.
The company warranties all materials and works provided by the contract.

Fixed price contract “Turn Key”

A fixed price is established for the entirety of the construction with detailed specifications. It is defined with a prior “payment stream” settled in advance. The client does not need to worry about construction issues.

In this case, the company assumes any costs risk such as materials price increases (except in extreme circumstances).
The company guarantees all finished work.

In both cases, the construction contract includes the following elements:
Formalization: This is the stage where the involved parties sign a work contract and establish the obligations and responsibilities of all parties involved; i.e. detailed costs, execution times, penalties for delays and all pertinent aspects relevant to the support of the project.

Commitment: The Company agrees with the owner that every performed decision will be for the good of the project and client expenditures.

Communication: Constant and transparent communication will be maintained to avoid misunderstandings between the company and the client.

Planning: The success of every project starts with a suitable planning; therefore we use an execution strategy that includes a provisional plan, work program, budget and a detailed study of the technical specifications and finishes.

Program: Establishes dates to begin and finish the work. Allows us to measure the real progress of the project vs. the projected progress and make corrective decisions.

Budget: We make a detailed budget of the project and it serves as a tool to sense changes and also works as a cost control tool during the construction of the project.

Costs control: The owner of the project is entitled to up to date project costs at his/her discretion.

Materials: Always sticking to the requested level of finish, we only work with first class materials and the highest quality guaranteed material brands.

Workmanship: In every activity we strive for “good constructive practices” and we only use qualified personnel for each aspect of construction. The company standardizes the construction process through the company authored document “AZORA practicas constructivas”.

Occupational safety: The occupational safety policy we use, serves to preserve the physical health and mental integrity of our workers. Personal safety is the first objective in any construction project.

Extras: Once the contract is signed, it is possible to amend by an organized registration system.

Inspection: A qualified engineer will oversee the work at least three times per week (unless the project requires a resident professional). This is to keep our quality standards.

Laboral liability: as a responsible company, AZORA assumes all the control about occupational safety, laboral rights and social security taxes, without any responsibility for the building’s owner.