Re: RFPs and developers | <– Date –> <– Thread –> |
From: Sharon Villines (sharon![]() |
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Date: Wed, 20 Feb 2008 05:36:28 -0800 (PST) |
On Feb 20, 2008, at 6:27 AM, Louis-H. Campagna wrote:
I like clear contracts in writing and I expect and demand diligence and good faith from my business partners, or else I look somewhere else. Yet I very much hear and understand the other side of the debate, that too much emphasis on "getting it in writing" can actually lead to waste, maladaptation to needs, dissatisfaction, and loosing out on good business opportunities.
Just to emphasize again - a contract is very different from an RFP. A "Request for Proposal" if a phishing expedition. You ask a variety of people for a proposal based on your specifications. You can send out RFPs when you know exactly what you need and can describe it in detail.
Few cohousing communities have any idea what to specify at the point that they are looking for a developer.
What do you want? How can you describe it in enough detail to trust the response to the RFP. If you told someone what you want and they gave it to you, could you be sure that you would be happy with it?
I think you need a developer to help you decide what you want. You need someone who will work with you instead of treating you like an interference in his or her work. Someone who will help you decide what you want balanced with what is possible. The best way to discover this is in talking to the person, but I would start with investigating qualifications.
You can judge qualifications by checking references and looking at finished projects. Talk to banks that have worked with the developer. Do they finish projects on time and are they financially responsible? Would the bank recommend them?
Gilda Iriarti who used to work for the Cohousing Company gave me this tip, "The best way to find a good developer is to ask a bank. They know if people can bring a project in on time and within budget. And if they have satisfied clients."
An inflexible, incompetent developer who does not have satisfied clients is unlikely to be able to bring projects in within budget and pay off the bank.
So I would start with making a list of qualified developers, check out references, and then talk to them. THEN you write a contract -- and put down your money. But you will never be able to specify everything. In the time it takes to build a large complex, things will change too much. The risk you take is the same as embarking on any other investment.
Sharon ---- Sharon Villines Takoma Village Cohousing,Washington DC http://www.takomavillage.org
- Re: RFPs and developers, (continued)
- Re: RFPs and developers John Faust, February 19 2008
- Re: RFPs and developers Larry Miller, February 19 2008
- Re: RFPs and developers Craig Ragland, February 19 2008
- Re: RFPs and developers Sharon Villines, February 20 2008
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