Portfolio Planning and Asset Management - Case Studies - Capital Improvement Program

Solus Industries evaluated our client’s needs regarding a large reroofing project on and several areas of concern were identified. Our client sought to decrease the consultation costs, achieve competitive bidding through quality contractors, complete project in a limited timeframe, and protect the interior of the facilities during the project.

Solus, along with 2 roofing entities (a national contractor group and a manufacturer), were invited to bid on the replacement of several roof systems for a major retailer.

Project Specifics

• 20 projects total.
• Average of 109,240 square feet totaling 2,184,804 square feet all together.
• Locations of the facilities were nationwide.

Summary

Solus’ management techniques and resources allotted for immediate communication of our client’s proposal requirements to the nation’s top roofing contractors. Within a 1 week time period, we were able to produce 60 qualified proposals from local contractors exactly meeting the specifications provided. In addition, the insurance requirements and standards surpassed all requirements of the client.

Results

Solus Industries was confirmed the company with the most competitive price and the only company to offer complete project management, tracking, reporting, and data storage of all activity.

The 2 roofing entities participating in the bidding process did not have Solus Industries’ techniques and management capabilities therefore the closest bid was $700,000.00 more than ours and the other was $1,000,000.00 over our bid. This is an example of the effectiveness of Solus Industries and exemplifies our abilities to reduce cost while providing project management and coordination.