Broadly, the construction companies are involved in three types of constructions namely building, industrial and highway. Building construction involves construction of houses as well as adding structure to real property. The parameters of design, financial and legal considerations are the same in all building constructions. Profit making is the single most important aim of commercial construction.
The undesirable results of building constructions are structural collapses, cost overruns, etc. The commercial construction companies try to minimize the losses. They also consider the environmental impact of the job, successful scheduling, availability of material, budgeting, site safety and logistics. Planning is of paramount importance for the success of a project. The people concerned with design and execution of infrastructure of the construction look into the planning aspect.
The commercial construction companies are regulated by the authority having jurisdiction through government agencies like municipalities. The planning and zoning boards of such authorities review the overall compliance of constructions with the General plan. The construction companies have to get their plans approved by the municipal building department.
Industrial constructions are an important part of commercial constructions. The owners of these projects are large profit seeking organizations. These organizations are involved in construction in petroleum, power generation, medicine, chemical and power generation sector. High expertise in planning, design and construction are required for them. The designing teams include architects, surveyors, interior designers, civil and mechanical engineers. The whole procedure is one of integration. Building construction is procured publicly or privately utilizing various delivery methodologies, including negotiated price, hard bid, traditional, construction management-at-risk, management contracting, design & build and design-build bridging. The residential construction are now becoming popular with growing affluence.
Heavy and highway construction add infrastructure to our built environment and usually government agencies are involved in such constructions. These projects are naturally undertaken for public benefit and not for profit. However, large private corporations are also involved in constructing access roads, railroads, dams, earthwork projects. These are companies that have harbors, golf courses, power companies, rail roads, mines on their portfolio.
