CONSTRUCTION MANAGER AT RISK PROJECT DELIVERY Clause Samples

CONSTRUCTION MANAGER AT RISK PROJECT DELIVERY. It is the intent of the Trustees that this project be designed and constructed using the Construction Manager at Risk with Guaranteed Maximum Price project delivery method. Under a CM@Risk project the Trustees will retain, under separate agreement, a Construction Manager at Risk. For this project the CM@Risk will be tasked to provide significant design input that will include: cost estimation, value engineering, and contractor, sub-contractor constructability assessments for the project. As a part of the basic services the Architect/Engineer shall closely collaborate with the Construction Manager at Risk in the development of the project. During the course of the project, the Architect/Engineer shall cause to be prepared an independent cost estimate for the work. This cost estimate shall be prepared at each phase and shall be reconciled to the satisfaction of the Trustees with cost estimates prepared by the Construction Manager at Risk.