Turnkey consolidates office fit-out costs and project stages under a single contract
- The model combines design, procurement and construction under one contract. T2 reports office fit-outs of up to 1,500 m² completed within 90 days
The cost of occupying an office goes beyond rent. Before starting operations, a company may need to adapt the space, commission design work, install infrastructure and coordinate suppliers. If construction is delayed, the move may also be postponed, or the company may need to maintain facilities at two locations.
The turnkey model brings these stages together under a single contract. The aim is to define the scope, budget and schedule before work begins and place a single company in charge of design, procurement and, above all, construction.
“The timeline and total investment amount are defined before work begins,” says Tiago Vargas, director of projects at T2 Arquitetura e Engenharia Corporativa. The company says this approach allows clients to plan their investment and monitor execution through construction progress and cost reports.
Centralized management
In a traditional office fit-out, a company may hire separate providers for architectural design, electrical and plumbing installations, HVAC, finishes and furniture. Responsibility for coordinating suppliers is either spread across multiple parties or left to the client.
Under the model Vargas describes, the contractor centralizes these services and also handles procurement and materials logistics. “The client does not need to purchase materials or manage each activity; they monitor the fit-out and receive regular updates on construction progress,” Vargas says.
The company also says it uses engineering supervision, schedule updates and cameras that allow clients to monitor work remotely. This integration can make project coordination easier, but it does not eliminate factors that affect timelines and costs, such as the condition of the property, existing infrastructure, approvals and finish specifications.
Delays can also generate indirect costs. A company that takes longer to occupy its new space may continue to incur expenses at two locations or postpone a planned move.
Installment plans spread out payments
Vargas also points to financial solutions such as T2 Money Capital, a program that allows clients to pay for office fit-outs, including design and construction, in installments, with support from partner financial institutions.
“The idea is to align the payment schedule with the fit-out process so that the initial investment does not strain the company’s cash flow,” Vargas says.
