In an economic environment which constantly exerts pressure to downsize corporate staffing and maximize profit, there is a growing trend in the use of business-to-business "alliances". These alliances are special relationships between companies, where one company wishes to outsource particular functions by hiring another company which specializes in those functions.
More and more owners are developing strategic alliances and reaping the benefits. For example, by buying a large amount of construction services from one source, the owner obtains better pricing. In the long run, a strategic alliance keeps costs down, allows the contractor to dedicate specific staff to the client, eliminates the learning curve required by new contractors, and increases the ability to turn projects around quickly.
As an alliance partner, Petra is responsible for the day-to-day operations of each project, preparing and sending out bid packages, awarding contracts (with client approval), and performing many other tasks which formerly taxed the client's resources. Petra reviews all subcontractor change order requests for validity, submits monthly itemized invoices to the client, and maintains records of each project in a manner that complies with the client's audit requirements.
For clients who perform a significant amount of construction on an ongoing basis, a strategic alliance can be a very cost effective solution. Petra is one of the largest providers of strategic alliance solutions for construction in Connecticut. Let us show you how this approach may be an effective strategy for your organization.
