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Item 10 cm couNciiREPORT Meeting Date: General Plan Element: General Plan Goal:November 10, 2020, Public Services and Facilities Provide city service facilities to meet the needs of the Communication Construction
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Construction manager at risk (CMAR) is a project delivery method where the construction manager commits to completing the project within a defined budget and assumes the risk of cost overruns.
Typically, construction managers who operate under the CMAR delivery method and engage in projects requiring formal reporting must file construction manager at risk documentation.
To fill out a CMAR, one needs to provide project details, budget estimates, timeline, and any associated risks, accompanied by necessary signatures and documentation.
The purpose of CMAR is to provide a collaborative project approach, allowing for better budget management and risk mitigation while ensuring timely completion of construction projects.
Information that must be reported includes project scope, estimated budget and schedule, risk assessments, and any changes made during the project lifecycle.
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