Construction Manager At Risk (CMR definition
Construction Manager At Risk (CMR. Means a sole proprietor, partnership, firm or corporation, under a construction manager at risk agreement with CTDAS. The CMR is the Contractor who is selected to review and participate in the production of the Contract Documents and who agrees upon a Guaranteed Maximum Price (GMP) to perform the Work identified in the Contract Documents. The CMR shall solicit Subcontract Bids from Subcontractors on a competitive basis and enter into contracts with these Subcontractors to perform their subcontract work.
Examples of Construction Manager At Risk (CMR in a sentence
The Consultant shall coordinate with the Construction Manager At- Risk (CMR) and other project consultants to ensure seamless execution of the design and construction phases.