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Contracts & Legalaka: CMARaka: CM at Riskaka: CMR

Construction Manager at Risk

In Plain English

A delivery method where the construction manager is hired early to assist with design and then commits to a maximum price for construction.

Definition

Construction manager at risk (CMAR) is a project delivery method in which the construction manager is selected early, typically during design, and assumes the financial risk of delivering the project within a guaranteed maximum price. The CMAR provides preconstruction services during design and manages construction for a fee. This approach combines the benefits of early contractor involvement with a price commitment.

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