Fully Integrated Construction Risk Management Fully Integrated Construction Risk Management

ACCURACY

WerkWell defines project scope in a detailed budget format and then collaborates with clients to align scope with current market pricing.  Once  aligned, WerkWell manages the bidding process ensuring apples-to-apples bid comparison among contractors and subcontractors.

SECURITY

WerkWell connects projects to its deeply vetted network of architects, engineers, contractors and subcontractors.   Once parties have been selected, WerkWell administers the contractual process and ensures execution and management of all necessary project documents.

TRANSPARENCY

WerkWell enables open communication, access to project documents and collaboration across all project participants.  The person financing the project has the same information as the person building it, and requests for payment are aligned to contractual obligations, verified and documented.

Manage Construction Risk

From concept through completion, WerkWell guides you through each step of the project lending our knowledge, network and leading solutions to streamline the process.  During construction, WerkWell enables seamless execution of projects by providing contract administration, project management and fund control as a combined service to increase transparency and control while minimizing your financial risk.

Projects that end in dispute25%
Construction rework due to poor data and communication30%
Time spent on non-productive activity billed to project35%
0%
PROJECTS THAT END ON TIME AND ON BUDGET
25%
PROJECTS ENDING IN DISPUTE
30%
CRITICAL PROJECT INFORMATION LOST
35%
AVERAGE COST OVERRUNS

Construction Team

Facilitate creation of construction teams specifically skilled to address the needs of the project from architects and engineers to contractors and specialty subcontractors.

Bid Management

Collaborative approach to ensure design alignment with budget and creation of clear scope of work to facilitate apples to apples comparison of bid requests.

Contract Administration

Provide digitally executed, standardized contracts including license and insurance verification and tracking of contractors and subcontractors to minimize risk.

Project Reporting

Fully integrated project management platform for parties to navigate all aspects of the project from design documents and changes to daily progress reports and invoicing.

Fund Disbursement

Trusted 3rd party to manage financial disbursements and transactions related to the project based on actual progress and verified execution of tasks.

Dispute Resolution

Able to act as intermediary to resolve disputes between parties to the contract and reduce potential losses in time and money.

Process Driven, Technology Powered

We know construction.  We have lived the challenges, and overcome them to gain the knowledge and experience to recognize that that there is a better way to run projects than the current status quo.

The old way is inefficient, costly, and risky.  Leaving too many opportunities for details to slip through the cracks leading to budget and schedule overruns.

Using our project methodology, WerkWell clearly defines project scope, aligns scope to budget, constructs build teams and then oversees execution of the project and administration of project funds.  Reducing the margin for errors and making the entire process more smooth for all.

How It Works

For Owners, Architects and Designers

WerkWell streamlines the process to finding and selecting the right contractor to work on your project so you can focus on the outcome and entrust the process on how to get there to us.

For Contractors and Subcontractors

WerkWell streamlines the process of sourcing, bidding on and onboarding projects while providing a complete project management tool to track progress and meet milestones.  Invoicing and payments are simple and efficient, so you can focus on execution.

Our Values

Our approach is rooted in:

  1. Integrity
  2. Transparency
  3. Accuracy
  4. Security
  5. Efficiency
Our Philosophy

Our team has led hundreds of construction projects from luxury residential remodels to multi-Billion dollar mega projects.  Inspired by this experience, WerkWell was born from the belief that there is a better, more efficient and less wasteful way to build.

Through conscious integration of methodology, technology and financial management, WerkWell is redefining how construction projects are run and mitigating the legal and financial risk for our clients.

Our Mission

WerkWell seeks to be a global leader in risk management to the construction industry by providing the network, the process and the technical tools to ensure project success.

How do we define project success?  Please contact us to learn more.