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This document outlines the policy for construction management at risk contracts for Looms Public Schools, including proposals, evaluations, and procedures.

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What is construction management at risk?

Construction management at risk (CMAR) is a project delivery method where the construction manager commits to completing the project within a guaranteed maximum price (GMP). This involves early involvement of the construction manager during the design phase to ensure cost and constructibility considerations are integrated into the project.

Who is required to file construction management at risk?

Typically, the entity or organization overseeing the construction project, such as the owner or developer, is required to file for construction management at risk. This can also include general contractors who take on the CMAR role.

How to fill out construction management at risk?

Filling out a construction management at risk form generally involves providing details such as project specifications, the chosen construction manager's qualifications, proposed budget estimates, and timelines. Specific forms and requirements may vary by jurisdiction.

What is the purpose of construction management at risk?

The purpose of construction management at risk is to provide a framework that allows for collaboration between the owner, architect, and construction manager, enabling better budget management, reduced risk, and timely delivery of the project while enhancing the project's overall quality.

What information must be reported on construction management at risk?

Information that must be reported includes the project's scope, estimated budget, construction schedule, the qualifications of the construction manager, and any additional project-specific requirements laid out by the governing authority.

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