TriProf Trading (Pty) Ltd
Regno. 2021/601347/07
ABOUT
Since our establishment in 2017, our team has been actively involved in speculative developments across Betty's Bay, Pringle Bay, and Stellenbosch. Recently, we have expanded into the residential construction retail market. Throughout our operations, we have remained committed to delivering affordable, high-quality solutions tailored to our clients' needs, with a focus on exceptional craftsmanship and premium finishes.
THE RUSTIC LOOK
THE CLEAN FINISH
OUR SERVICES
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Site clearing and preparation for excavation
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Registration and enrolment of the property with the National Home Builders Registration Council (NHBRC)
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Consultation on the structural report and specifications upon the client's appointment of an engineer
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Excavation and trenching for footings
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Execution of all concrete works, including steel reinforcement for footings and floor slabs
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Comprehensive brickwork and plastering
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Oversight of window installation by the contractor, including plastering and finishing of window reveals
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Coordination of plumbing installations, ensuring all required water points are positioned in the kitchen, bathrooms, scullery, etc., for the final fitment of sanitary ware, showers, and toilets
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Electrical installations, including wiring of the distribution board (DB), conduits, and electrical points as outlined in the plan, with final fitting of light switches and plugs to be completed during the finishing phase
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Construction of the roof by the appointed roofing contractor, followed by the engineer’s sign-off on the A19 certificate
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Installation of all internal and external door frames
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A detailed scope of work, clearly outlining all included and excluded responsibilities, will be drafted and added as an addendum to the contract.
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HOW DO YOU BENEFIT FINANCIALLY?
This model offers an estimated 20-25% saving on the total project cost compared to the traditional model, where the client pays a contractor’s deposit and progress payments are requested. Upon completion of the contract, approximately 85% of the construction risk is eliminated as per scope of works.
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Key Benefits
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No Hefty Deposits Required:
Clients are not required to pay large upfront deposits, reducing initial financial strain.
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Reduced Financial Risk:
The risk of contractor non-performance is significantly minimized, ensuring greater project reliability.
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Open Book Time Management:
Our model operates on an open-book approach, with no hidden retainers or rebate fees from subcontractors, fostering transparency.
Transparency of Costs:
Clients are fully aware of actual costs and can effectively manage project costs based on provisional sums (PC sums) for more efficient completion.
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Daily Cost Management and Reporting:
Costs are tracked daily, and regular progress reports are provided to the client, ensuring ongoing visibility and control.
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COD Accounts with Suppliers:
Contractor suppliers' accounts are opened in the client's name and reconciled weekly as part of the project management process. This offers added benefits for properties held in a trust or Pty (Ltd), particularly in terms of capital gains tax.
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Improved Bond Approval Process:
If a client needs a bond to complete the final finishes, the structural completion level reduces risk for financial institutions, often leading to bond approvals at competitive rates.
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This structured model offers both cost savings and risk reduction, providing you with greater control, transparency, and peace of mind throughout the construction process.
PROJECT MANAGEMENT RESPONSIBILITIES
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Cost Estimate for Wet Work Construction and Provisional Sums:
Preparation of a detailed cost estimate for wet work construction, along with provisional sums for finishing, as indicated by the owner. -
Registration of the Dwelling with the NHBRC:
Complete the necessary registration process for the dwelling with the National Home Builders Registration Council (NHBRC). -
Appointment of Engineer:
Facilitate the appointment of the required engineer for the project. -
Coordination of Professional Services:
Oversee the coordination of all professional services, including architects and engineers, ensuring proper site inspections and collaboration. -
Open Book Expense Model:
The project will operate on an open-book expense model, meaning all costs are transparently shared with the client. This model ensures that the client has visibility into actual costs, with no hidden fees or markup, fostering a relationship of trust and accountability. -
Daily Project Management:
Manage the project on a daily basis according to the approved scope of works, ensuring consistent progress and adherence to specifications.
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ADVANTAGES OF AN OPEN BOOK MANAGEMENT SYSTEM
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No Hidden Rebate Percentages:
The builder/contractor will not levy any hidden rebate percentages from suppliers, ensuring full transparency in pricing. -
Weekly Management of Direct Project Expenses:
All direct expenses related to the project are meticulously managed and reviewed on a weekly basis to ensure accurate tracking of costs. -
COD Accounts with Approved Suppliers:
All supplier accounts are set up on a COD (Cash on Delivery) basis, with credit transfers made to the supplier’s account in the client’s name. Typically, no more than a R10,000 top-up is required to maintain these accounts. -
Client Control of Accounts:
The client retains full control over the accounts, allowing for complete visibility and management of financial transactions. -
Benefit from Developer Discounts:
The client will benefit from developer discounts with preferred suppliers, helping to reduce overall project costs. -
Weekly Comparison of Actual Expenses to Budget Estimates:
Actual expenses are compared to budget estimates on a weekly basis, allowing for proactive management and adjustments as needed. -
Management of Builder's Wage Draws:
The builder’s wage draws are managed based on historical data, ensuring that the scope of works is completed on time and within the agreed budget.
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This model ensures full financial transparency, control, and efficiency, with regular monitoring to keep the project on track and within budget.
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OPTIONAL
Comprehensive Project Management of Subcontractors for Finishing Responsibilities:
Triprof Trading will oversee all aspects of subcontractor coordination related to the finishing phase of the project, including:
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Painting
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Woodwork
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Final floor finishes
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Installation of internal doors
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Fitting of cupboards and vanities
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Light fixture installation
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Kitchen countertop installation
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Landscaping
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Options for Managing the Finishing Process and once the structural works are complete, you can choose to:
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Manage the finishing process yourself or through your own representative,
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Engage Triprof Trading to handle the finishing phase under a daily rate agreement.
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This allows you to finalize your desired finishes (e.g., door types, cupboards, vanities, light fittings, floor coverings, etc.) and then instruct for installation. Triprof Trading will oversee the installation and management of these tasks, ensuring the project aligns with your specifications.
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The project consultant’s management fee will only be due when the responsibility for the finishing phase is in progress, ensuring a cost-effective and transparent approach to project completion.
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COMPLETE / PENDING PROJECTS
House Botha - 384 Winelands Estate Raithby, Stellenbosch
Arno Botha – 082 3325060
House Mostert – 3815 Diastella dr. Betty’s Bay
Margie de Lange – 083 3600600
House Eksteen – 2346 Buck str. Bettys Bay
Gerhard Eksteen – 083 2680362
House van der Merwe – 446 Oaklands dr. Winelands Village Estate, Raithby
Annette van der Merwe - 073 314 4255
House Vogel – 5008 Senicio Circle, Betty’s Bay
Riana Vogel – 084 776555
House Blake – 2225 Porter ave. Betty’s Bay
Trish Blake – 072 323 0407
House Coetzee - 3234 Albertyn street, Betty's Bay
Karel Coetzee - 0842808140
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House Kleinhans - 131, 1st Avenue, Kleinmond
Ian Kleinhans - 0836256181
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Jonathan Smith, Lawyer