Get the free Construction Manager at Risk Agreement

This document outlines the agreement between the City of Miami and the Construction Manager regarding services related to the construction of Stadium Site Parking, detailing terms, conditions, responsibilities,

How to fill out construction manager at risk

How to fill out Construction Manager at Risk Agreement

1. Start with the title of the agreement - 'Construction Manager at Risk Agreement'.
2. Provide a clear definition of the project details including location and scope.
3. Identify the parties involved - the owner and the construction manager.
4. Outline the responsibilities of the construction manager including pre-construction services.
5. Include details about the construction manager’s fee structure and payment schedule.
6. Specify the schedule for project completion and any milestones.
7. Detail the risk management responsibilities including liability and insurance requirements.
8. Include clauses about dispute resolution mechanisms.
9. Incorporate any applicable state or local laws governing the agreement.
10. Have both parties sign and date the agreement to make it legally binding.

Who needs Construction Manager at Risk Agreement?

1. Construction managers specializing in risk management.
2. Project owners looking to hire a construction manager for a specific project.
3. Contractors seeking to clearly define scope and responsibilities.
4. Investors who wish to have a structured agreement detailing costs and risks.

For pdfFiller’s FAQs

What is Construction Manager at Risk Agreement?

A Construction Manager at Risk Agreement (CMAR) is a contract where a construction manager commits to deliver a project within a guaranteed maximum price (GMP). This type of agreement typically includes pre-construction services and holds the construction manager liable for project costs.

Who is required to file Construction Manager at Risk Agreement?

Typically, the project owner or developer is required to file the Construction Manager at Risk Agreement, as it involves formalizing the relationship and responsibilities between the owner and the construction manager.

How to fill out Construction Manager at Risk Agreement?

To fill out a Construction Manager at Risk Agreement, parties need to include essential details such as project scope, guaranteed maximum price, timeline, roles and responsibilities, terms of engagement, and signatures from authorized representatives.

What is the purpose of Construction Manager at Risk Agreement?

The purpose of a Construction Manager at Risk Agreement is to mitigate risks for project owners by ensuring that the construction manager is financially accountable for project completion within the agreed price, thus promoting budget control and effective project delivery.

What information must be reported on Construction Manager at Risk Agreement?

The agreement must report details such as the project description, guaranteed maximum price, timelines, payment schedules, scopes of work, and any change order procedures, along with the identification of parties involved.