PA was formed to work with public municipalities and private entities, helping to bridge the gap between the construction and development needs, and the architects, engineers, and contractors serving them. We consider ourselves the Keystone to a successful project. The scope of any multi-faceted project, such as new construction, renovations, or additions can be massive. Effective project management is essential for the success of these projects. From life safety coordination to operative design and material selections, to quality control and end user turn over, clients have a right to know that they will be well-represented and will benefit from the improvements for years to come.
The majority of PA’s project management work is within the municipalities of the Commonwealth of Massachusetts, where the construction bidding, service procurement, and labor enforcement laws are complex and closely regulated. We are very familiar with the laws that regulate these critical components. Mr. Pomroy, founder of Pomroy Associates, is certified with the Commonwealth of Massachusetts Office of Inspector General under the Massachusetts Certified Public Purchasing Official Program for “Certification for School Designers & Owner’s Project Managers”.
The professionals at PA represent a diverse range of specialties in the construction, real estate and finance industries that can facilitate, rationalize and expedite your development needs. Yet, knowledge and expertise only get you half way there; strong and effective leadership is the final component to your projects success.
Pomroy Associates represents private institutions, national companies, and local municipalities in their physical plant asset evaluations, capital asset management, and overall property portfolio management. Our clients’ portfolios vary from as small as 11 properties locally, to as large as 350 nationally. Our services range from initial Capital Needs Assessments to Annual Update Assessments, and, in many cases, management of the actual capital improvements.
Typically we will conduct comprehensive property inspections, review available records, assess code compliance and analyze accessibility. We create a clear and concise report of our findings in a client-specific format which identifies, quantifies, and helps plan for any necessary improvements with respect to code deficiencies, deferred maintenance, and systems upgrades. We mobilize a team of construction experts, architects, service vendors, and structural, electrical and mechanical engineers, or any other required specialist necessary to evaluate a property.
Pomroy Associates provides local commercial lenders with development and construction-related monitoring services and monthly construction inspections. Monthly services include a detailed project inspection recording of all progress, confirmation that construction is substantially in conformance with the record drawings, inventory of stored materials, review materials testing reports, quality control inspections, and review of all changes that could impact the project budget or schedule. The monthly inspections also include a full payment application review, budget update, lien waiver analysis, progress report and payment certification.
Pomroy Associates provides local commercial lenders with development and construction related services, such as:
pre-closing development financing due diligence, construction monitoring services, and monthly construction inspections. Traditional pre-closing services include review and analysis of all construction-related documents, budget and schedule analysis, establishment of the monthly payment process, and project site inspections.
Monthly services include a detailed project inspection recording all progress, confirmation that construction is substantially in conformance with the record drawings, inventory or stored materials, review of material-testing reports, quality control inspections, and review of all changes that could impact the project budget or schedule. The monthly inspections also include a full payment application review, budget update, lien waiver analysis, progress report, and payment certification.
Pre-Closing Development and Acquisition Due Diligence
Pomroy Associates provides local and national lenders, Real Estate Investment Trusts, and investment groups with pre-closing real property and development acquisition due diligence. Traditional services for developed properties include but are not limited to: property condition surveys, lease abstracts and rent roll reviews, and capital improvement plans. Traditional services for to-be-developed projects include but are not limited to, review and analysis of all construction related documents, cost estimating, development budget analysis, and schedule analysis.
Construction Management at Risk
The CM at Risk method allows an owner to select a CM as a professional based on qualifications, experience and reputation rather than being forced to accept a general contractor based on low bid. The process makes the CM a member of a collaborative project team; centralizes responsibility for construction under a single contract; obtains a bonded guaranteed maximum price; produces a more manageable, predictable project; saves time and money; and reduces risk for everyone. Under the CM at Risk method the CM, Architect/Engineer (“A/E”), owner’s project manager and the owner are combined during the design stage to command a more unified relationship between functional requirements, design and construction. The CM can review the A/E drawings during fabrication and often catch errors, reducing the A/E’s and owner’s risk, and, conversely, the A/E can review the CM’s approach to work, making helpful recommendations. The CM also takes bids or proposals from subcontractors during the completion of the contract documents, prior to setting the Guaranteed Maximum Price (“GMP”), which reduces the CM’s risk and provides useful input to the design. The CM at Risk method also creates a more equitable subcontractor bidding environment in the sense that they are not bidding to a number of general contractors, all subcontractors are pre-qualified and all subcontractors have a fair shot at the work.
Although the CM at Risk methodology is fairly new to public construction in the commonwealth, Richard Pomroy, as Development Executive for Continuum Care Corporation, & Vice President of Development for the Meditrust Companies, has developed & delivered a substantially broad range of projects nationally using the "CM at Risk" method in the private sector.
Some of his Clients included: Life Care Centers of America; Mediplex Corporation; La Quinta Inns & Suites, Nationwide; Tempe St. Luke's Medical Office Building, Tempe Arizona; Hartwell Medical Center, Henderson Nevada; The Gardens Court Assisted Living & Skilled Nursing Center, Palm Beach Gardens Florida; The Medical Mall, Palm Beach Gardens Florida.