Facing Project Overruns? CDK's Cost-Reduction Strategies Can Help

David Krawczyk, Founder & President, CDK Enterprises

In the world of real estate development, particularly in hospitality projects, nothing is more disheartening than having years of planning jeopardized by construction bids that far exceed your budget. This common scenario not only stalls projects but can also threaten the financial stability of your business. At CDK, we understand the frustration and anxiety that come from these scenarios and are here to guide your project back on track.

CDK has become a beacon of hope for developers grappling with over-budget bids. Founded in 2001 by Dave Krawczyk, a seasoned professional with over 50 years of experience in construction and building supply distribution, CDK is a procurement consulting firm that excels in pre-construction consulting.

CDK has successfully been involved in the construction of over 100,000 homes and 12,000 Hospitality & multifamily units, managing nearly $1.8 billion in construction costs. Specializing in value engineering and cost-effective procurement strategies, CDK not only addresses immediate budget concerns but also ensures your projects are strategically poised for long-term success and financial sustainability.

Our Cost-Reduction Services Include:
• Value Engineering: We scrutinize your project plans and identify opportunities where costs can be reduced without compromising on quality. Whether it’s alternative materials or modified designs, our solutions are practical and innovation-driven.
• Procurement Services: Leveraging our extensive network and industry knowledge, we secure materials at significantly lower costs, passing these savings directly to you.
• Bid Management: Our expert team manages the entire bid process, ensuring that you receive the most competitive and accurate bids from contractors.

• Labor Analysis and Material Takeoffs: We provide detailed assessments that help predict and control costs more accurately throughout the construction phase.

Each engagement with CDK begins with a free cost savings assessment, where we review your project plans and budget in detail. This initial analysis allows us to provide a high-level estimate of potential savings and tailor a proposal that aligns with your specific needs.

On average, our services achieve a 12-15% reduction in construction costs, backed by our guarantee of an 8x return on our fee

Our track record speaks for itself: On average, our projects achieve a 12-15% reduction in construction costs, allowing our clients not just to meet their budgets but also to reinvest in enhancing project quality. Numerous clients have testified to the effectiveness of our strategies, with most turning single-project engagements into long-term partnerships.

Ready to bring your project back on budget? Contact us today for your free assessment and experience firsthand how CDK can transform your financial uncertainties into opportunities for enhancement and success.

In line with the overarching mission of CDK to provide tailored support throughout the construction process, CDK Renderings is a specialized division within CDK that is focused on bringing your project to life visually. CDK Renderings equips real estate developers with high-quality, photorealistic visualizations that streamline communication with stakeholders, expedite approval processes, and bolster marketing and leasing efforts. By offering these crucial tools, CDK Renderings has helped hundreds of real estate developers over the last 8 years to not only meet tight timelines but also enrich their community impact, ensuring that projects transition seamlessly from concept to completion.

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Facing Project Overruns? CDK's Cost-Reduction Strategies Can Help

On average, our services achieve a 12-15% reduction in construction costs, backed by our guarantee of an 8x return on our fee