Construction Manager Not at Risk Contract
Posted on: novembre 29, 2022, by : admin

As the construction industry continues to evolve, the concept of the construction manager not at risk (CMAR) contract has become increasingly popular. This type of contract involves hiring a construction manager (CM) during the pre-construction phase to work with the owner and design team to plan the project before construction begins.

The primary benefit of a CMAR contract is that it allows for a collaborative approach between the owner, design team, and CM. The CM is responsible for managing the construction process, including the selection of subcontractors, scheduling of work, and ensuring that the project stays on budget. In this way, the CM is more of a partner than a traditional contractor, working closely with the owner and design team to ensure the project`s success.

One significant advantage of the CMAR contract is that it allows for early cost estimation. Because the CM is involved in the early stages of the project, they can provide accurate cost estimates to the owner. This helps the owner to make informed decisions about the project`s scope and budget early on, reducing the risk of costly changes and overruns later in the project.

Another benefit of the CMAR contract is the potential for faster project completion. By involving the CM early in the process, the design and construction teams can work together to identify any potential issues before construction begins. This reduces the likelihood of unforeseen delays and allows for more efficient project management during the construction phase.

Finally, the CMAR contract provides a higher level of quality control. Because the CM is involved in the project from the beginning, they have a vested interest in ensuring that the construction process is executed to a high standard. This includes working closely with subcontractors to ensure that they meet the project`s quality standards and overseeing the project`s overall progress to ensure that it meets the owner`s expectations.

In summary, the construction manager not at risk contract offers many benefits. It allows for early cost estimation, faster project completion, and a higher level of quality control. By partnering with a CM during the pre-construction phase, owners can reduce the risk of cost overruns and ensure a successful, high-quality construction project.