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Project Managementaka: CMaka: CMARaka: CMRaka: construction management firm

Construction Manager

In Plain English

A professional hired to manage and coordinate all aspects of a construction project on behalf of the owner.

Definition

A construction manager (CM) is a professional or firm engaged by the owner to provide management and advisory services during design and/or construction. In a Construction Manager at Risk (CMAR) delivery method, the CM holds subcontracts and is responsible for delivering the project within a Guaranteed Maximum Price (GMP). In a Construction Manager as Agent (CMA) model, the CM manages but does not hold contracts.

Example

The public school district hired a construction manager at risk who provided preconstruction services during design and then guaranteed a maximum price of $28 million.

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