Lower Overheads and Enhanced Performance
At AT&V more of your contract dollars go directly into the project. Carefully controlling corporate costs leads to lower overheads and the ability to build projects for a better value. AT&V’s rich history demonstrates to our clients our productivity and our unique corporate structure to reduce overhead by:
- Having no corporate debt
- Having no declared dividends
- Having no parent corporation overheads or dividends
- Owning 100% of our fabrication facilities
- Owning required field erection equipment
- Having financial strength to buy materials in bulk at discounts
To further enhance customer value on AT&V projects, AT&V’s owners and managers have been engaged for years in developing a corporate atmosphere that thrives on finding solutions to customer needs. In creating a team environment with customers, projects realize higher levels of utility. These efforts come from:
- AT&V director’s involvement in every project
- Incentives to perform as a team
- Experience associated with the AT&V value process
- Technology to improve designs quality, fabrication, and site construction
AT&V recognizes the critical nature of capital funding and the negative impact that change orders can have on project viability. AT&V projects over a number of years have an average change order rate under 1.5% when measured as a percentage of the original contract value. These projects range from under $1M to over $75M USD and each included unique challenges. The AT&V team was often able to keep change orders to a minimum and in some cases even reduce project cost. The numbers shown here include instances where customers added scope to the project.
Many AT&V projects are contracted around innovative agreements to add incentives for performance while limiting contingencies and overheads. Therefore, a lump sum contract is not always the best contract structure. Contact an AT&V office today to learn more about contract options and how the AT&V team values your time and money.
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