Construction Management As Agent

Construction Management As Agent: In this delivery method the owner will select a construction management (CM) firm to provide owner’s representation and oversee the management of subcontractors. The CM firm does not actually hold the subcontracts but is authorized to manage the subcontracts for the owner. This delivery method is of lower risk for the CM firm as they are not financially responsible for either the design or construction of the project. CM as Agent (also known as Owner’s Rep) is usually contracted by the owner for a fixed, professional fee based upon hourly rates. Related terminology is construction manager or owner’s representative.