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A construction management contract is one type of early contractor involvement (or ‘ECI’) arrangement, and differs from a traditional lump sum model in a number of respects. This article explains the basics.

Feb 21, 2025 · A Construction Management Contract is a legally binding agreement where a Construction Manager oversees the project on the owner's behalf. Instead of hiring a single general contractor to handle everything, the owner works with a CM who manages planning, budgeting, scheduling, and subcontractors.

A construction management agreement is a legal contract between multiple parties involved in the design, planning and execution of a construction project. This type of agreement outlines the roles and responsibilities of each party involved and any financial or logistical considerations that need to be considered during the project.

Nov 2, 2017 · There are four major types of construction contracts. These specific types of contracts are determined by how the owner makes disbursements to the contractor. Other particular details may include quality, duration, specifications, …

Oct 29, 2019 · Construction management contracts encompass the work and/or materials required for a building project. Typically, they will address: Project/deliverable specifications. Labor and material requirements. Timelines for completion/delivery. Compensation formula …

One such method is the Construction Management Contract (CMC), which offers a structured approach to project delivery with distinct roles for the project owner, construction manager, and trade contractors.

Defines Roles and Responsibilities: A construction management agreement (CMA) outlines the specific duties and obligations of both the project owner and the construction manager. It ensures that each party understands their respective roles, …

This document outlines the contract of services between an owner and construction manager for a project. The construction manager will provide construction management services to coordinate, supervise, and monitor the quality, cost, and schedule of the construction project.

Apr 2, 2025 · Managing contracts properly ensures that all agreements are clear, enforceable, and aligned with project goals. From defining responsibilities to ensuring compliance with regulations, contract management is vital in cost control, risk mitigation, and project efficiency.

Nov 4, 2024 · Contract management in construction is the management of legal documents that specify the duties, roles and responsibilities of both project managers and owners. It is a continuous process of assessing risk, identifying resources and defining partnerships.