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PUBLIC BUILDING COMMISSION OF CHICAGO REQUEST FOR PROPOSAL (RFP) FOR CONSTRUCTION MANAGEMENT AT RISK SERVICES FOR VARIOUS CHICAGO PUBLIC SCHOOLS (Package 2) PS3025ISSUED: DECEMBER 18, 2018Public Building

How to fill out construction management at risk

How to fill out construction management at risk

1. To fill out construction management at risk, follow these steps:
2. Gather all necessary information and documentation related to the construction project.
3. Identify the key stakeholders involved in the project, including the owner, architect, contractors, and suppliers.
4. Create a project scope and define the objectives, requirements, and constraints of the construction project.
5. Develop a detailed project schedule, outlining the timelines and milestones for each phase of the construction project.
6. Prepare a detailed budget, considering all the costs associated with the construction project, including materials, labor, equipment, permits, and overhead.
7. Interview and select a qualified construction manager who will be responsible for overseeing the project.
8. Collaborate with the construction manager to outline the specific roles and responsibilities, expectations, and deliverables.
9. Establish a risk management plan, identifying potential risks and developing strategies to mitigate them.
10. Review and finalize the construction management at risk agreement, ensuring all parties involved understand and agree to the terms and conditions.
11. Execute the construction management at risk agreement and commence the construction project as per the agreed-upon schedule and budget.

Who needs construction management at risk?

1. Construction management at risk is needed by individuals or organizations who are undertaking construction projects and want a more collaborative and risk-managed approach.
2. This approach is suitable for projects where the owner wants to actively participate in decision-making and have more control over the project's outcomes.
3. Construction management at risk is commonly used in large-scale construction projects such as commercial buildings, infrastructure projects, and public facilities.
4. It is also beneficial for complex projects that require coordination among multiple stakeholders, where efficient risk management is crucial.
5. By employing construction management at risk, owners can ensure better cost control, timely completion of the project, and effective risk mitigation.

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What is construction management at risk?

Construction management at risk is a delivery method in the construction industry where the construction manager acts as a consultant to the owner during the design and pre-construction phases and then becomes the general contractor during the construction phase, assuming the risk for any cost overruns.

Who is required to file construction management at risk?

Owners of construction projects are typically required to file for construction management at risk.

How to fill out construction management at risk?

To fill out construction management at risk, the owner must select a construction manager, agree on a contract, and follow the specific procedures set forth by the governing authority.

What is the purpose of construction management at risk?

The purpose of construction management at risk is to provide the owner with more control over the project while leveraging the expertise of the construction manager to mitigate risks.

What information must be reported on construction management at risk?

Information that must be reported on construction management at risk typically includes the project scope, budget, schedule, and any contractual agreements between the owner and construction manager.