Construction management at risk services definition

Construction management at risk services means the services provided by a firm which has entered into a contract with the board to be the construction manager or general contractor for the value and schedule of the contract for a project, which is to hold the trade contracts and execute the work for a project in a manner similar to a general contractor, and which is required to solicit competitive bids for the trade packages developed for the project and to enter into the trade contracts for a project with the lowest responsible bidder therefor. Construction management at-risk services may include, but are not limited to, scheduling, value analysis, system analysis, constructability reviews, progress document reviews, subcontractor involvement and prequalification, subcontractor bonding policy, budgeting and price guarantees and construction coordination.
Construction management at risk services means services provided by a
Construction management at risk services means services provided by a person, corporation, or entity that (i) provides construction management services for a project throughout the preconstruction and construction phases, (ii) who is licensed as a general contractor, and (iii) who guarantees the cost of the project.

More Definitions of Construction management at risk services

Construction management at risk services means the services
Construction management at risk services means services provided by a person, corporation, or entity that:
Construction management at risk services means services provided by a person, corporation, or entity that (i) provides construction management
Construction management at risk services means the services provided by a firm which has entered into a contract with the board to be the construction manager or
Construction management at risk services means those services whereby the construction manager is selected to provide consulting services during the design phase; and management and contractual responsibility for the total construction project under a negotiated fee and guaranteed maximum price construction contracting method. A fee is negotiated for profit, overhead, and direct management costs. Trade contracts are awarded by the construction manager based on competitive bids received in response to invitations to bid issued by the construction manager. A guaranteed maximum price is provided by the construction manager, and the total price paid to the construction manager is either the fee plus the actual cost or the guaranteed maximum price, whichever is less. The construction management firm(s) must manage and control costs to not exceed the GMP.
Construction management at risk services. ’ means the services provided by a firm which has entered into a contract with the bioscience authority to be the construction manager at risk for the value and schedule

Related to Construction management at risk services

  • Construction-manager-at-risk means a project delivery method in which:

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