Over the last twenty years, Partnering Facilitator has become increasingly popular as many contractors and subcontractors have found that working together leads to faster completion of jobs, fewer disputes between all parties involved, and higher profits. This method of doing business isn’t new; it was popularized in the 1950s by Shell Oil Company and gained traction in the 1970s as more contractors became aware of its advantages, but only recently has it begun to catch on in earnest. Partnering allows contractors to share the risk of projects with other companies and to pool resources in order to complete larger jobs than they could alone.

What is construction partnering?

With so many subcontractors and suppliers out there, it can be difficult for contractors to find the right partners for their projects. There are a lot of moving pieces that need to come together in order for construction projects to be successful, and these moving pieces are often hard to track down. Construction partnering is an alternative method of procurement where a contractor finds the right partners and brings them all together on one project. This not only makes it easier for contractors, but also helps them find better pricing by bringing multiple companies together.

What does a construction partner do?

A construction partner is an individual or company that partners with a homebuilder or subcontractor to provide the essential services for building a home. For example, a construction partner might be the plumber or electrician on a project. The name comes from the fact that you are partnering with another company in order to create something together.

How can you get started as a construction partner?

The first thing you will need to do is find a contractor who is willing to work with you. One of the best ways to do this is by attending trade shows or networking events for contractors. Once you have found a contractor, it’s time to learn what their needs are and start building your business plan.

Why choose this type of contracting?

The construction industry is vast and complex. It’s not just about concrete and steel. There are many different types of contractors out there, each with their own specialties and skill sets. Partnering up with a company that specializes in something you don’t offer can be a great way to expand your portfolio or get more work done on an already established project.

Challenges in becoming a construction partner

  • Finding the right company for you and your business
  • Figuring out how much money you need
  • Working with a partner that may not share the same vision as you do