Construction Management At Risk
Construction Management At Risk: This delivery method overlaps the design and construction phases to obtain significant construction input during the design phase of the project. The owner selects the architect/engineer and then selects the general contractor to perform professional construction management services for a fee that will result in a guaranteed maximum price for the construction work.
During the schematic design and design development, the construction
manager will provide:
At the end of design development the construction manager assigns a
guaranteed maximum price for the construction before the drawings are
complete and before the subcontracts have been competitively bid. The
construction manager is “at risk” for the guaranteed price.