Midwest Commercial Builders
FLAGATM Chicago Buildout · License: IL-GC-44821 · 8 prior ATM projects
$2,180,000
$145.33/SF · 22 weeks
VALENCE Score
45/100
Fraud Risk
HIGH
Flags Detected
4
2 critical
Savings Potential
$355K
Historical CO Rate
9.2%
Above 3% target
Bid vs Market Benchmark ($/SF)
| Line Item | Material | Labor | Equip | Total | $/SF | Market | Var | Flag |
|---|---|---|---|---|---|---|---|---|
| General Conditions | $0 | $145K | $0 | $145K | $9.67 | $7.00 | +38.1% | |
| Demolition & Site Prep | $15K | $95K | $35K | $160K | $10.63 | $9.50 | +11.9% | |
| Concrete & Masonry | $85K | $75K | $20K | $198K | $13.20 | $12.00 | +10.0% | |
| HVAC Ductwork & Equipment | $145K | $125K | $55K | $364K | $24.27 | $21.33 | +13.8% | |
| Electrical Rough-in | $65K | $110K | $20K | $215K | $14.30 | $13.00 | +10.0% | |
| Plumbing Rough-in | $55K | $85K | $25K | $182K | $12.10 | $11.00 | +10.0% | |
| Fire Protection | $45K | $65K | $15K | $140K | $9.33 | $8.33 | +12.0% | |
| TOTAL | $410K | $700K | $170K | $2,180,000 | $145.33/SF | |||
Cost Composition by Trade
TK 7 Mechanisms Score
Ownership position secured
General Conditions: 38.1% above market
General conditions $9.67/SF — possible staff padding
Material pricing within volume benchmark range
Schedule 22 weeks exceeds ATM standard 18-week template
VALENCE analyzed 7 line items against 10 benchmarks
Pre-fab MEP racks: implemented
Fraud Flags (4)
General Conditions: 38.1% above market
Bid: $9.67/SF vs Market: $7.00/SF
Request itemized breakdown. Compare to portfolio benchmark of $7/SF.
GC historical CO rate: 9.2% (target: <3%)
Midwest Commercial Builders has averaged 9.2% change orders across 8 ATM projects
Require fixed-price contract with liquidated damages for CO rate >3%. Consider alternative GC.
General conditions $9.67/SF — possible staff padding
ATM template allows $7.00/SF for standardized 30-bay buildout. This bid is 38% over.
Request superintendent schedule. ATM standard template requires 1 super + 1 PE, not 2 supers.
Schedule 22 weeks exceeds ATM standard 18-week template
4 extra weeks = $140,000 in lost revenue
War Room coordination should compress to 18 weeks. Require phased milestone schedule.