Construction Management At-Risk (CMAR)

Construction Management At-Risk (CMAR)

Construction management at Risk is an innovative approach  to construction project delivery. CMAR presents a cost-effective alternative to the traditional design-bid-build process. The CMAR will save your money by reducing the time in your construction project.

Role of the CM at Risk

Under a construction management-at-risk approach, the property owner or agency selects a contractor to consult based the contractor’s previous experience and fees, rather than a bid. This shift in approach stems from the recognition that specialist subcontractors take on a significant role during construction, and the consulting contractor brings an expert understanding of how that impacts a project. The consulting contractor provides a number of functions during the design phase, including constructability reviews, estimates and even product specifics to aid in developing cleaner designs. The property owner and the consulting contractor settle on a fixed price for the project, called a guaranteed maximum price. Once an agreement is struck, the consulting contractor transitions to the role of general contractor and construction begins.

The CMAR Services include

  • Managing all subcontracts during the predevelopment stage

The CMAR Services may also include

  • Construction Schedule
  • Project Budget
  • Cash Flow Analysis
  • Discussion and acceptance of Means and Methods
  • Value Engineering
  • Cost Projects
  • and it may also offer the owner the Guaranteed Maximum Price (GMP) alternative.
  • Construction Schedule
  • Project Budget
  • Cash Flow Analysis
  • Discussion and acceptance of Means and Methods
  • Value Engineering
  • Cost Projects

 

Benefits of CMAR

The CMAR would offer the owner the following benefits:

  • Project risk is passed to the CM, reducing the potential owner’s risks
  • Manage and find alternative and balanced construction schedules
  • Full pre-construction services available
  • Value engineering and cost analysis with the alternative of the GMP.
  • The engineer of record can be designed as the CMAR firm
  • Reduce the construction time and will be the liaison between the A/E and the construction manager.
  • Offer another professional and expert that will be focused on the construction progress
  • Increase level of participation between the A/E, contractor and the owner
  • Increased cost control as the construction budget will be discussed as an open book relationships with the owner.
  • Prepare bid packages
  • Prepare conceptual and detailed estimates
  • Utilize Building Information Modeling (BIM) to ensure constructability of the design while minimizing cost and schedule
  • Assist the Owner in closing out the various contracts and provide records for retention

Talk to us today about the Construction Management At-Risk Service.