Under a Construction Management contract method, the owner secures the services of a construction manager to work with the design team and, depending on the client’s needs, with trade contractors and suppliers. This early collaboration in the construction management process promotes effective project coordination and communication from the start, creating an environment for success. There are two forms of “construction management” – Construction Management “for-fee”, where the construction manager is an agent of the owner (“CM-Agency”); and construction management “at-risk,” where the construction manager is legally responsible for delivering the project on-time and on-budget (“CM At-Risk”).
CM At-Risk: CM Holds the Subcontracts
As CM At-risk contractor, HASCON delivers the project within a Guaranteed Maximum Price (GMP). We act as consultant to the owner in the pre-construction/design phases, but as the equivalent of a general contractor during the construction phase. This method differs from design-build because design remains the responsibility of an architect contracting independently with the owner.
CM At-Risk Benefits
CM assumes contractual risk to Subcontractors
CM works in partnership with Owner and Architect
GMP is developed early in the process