A “CM as Agent” agreement is an agreement in which the CM acts exclusively as a consultant and manager, while the project holder signs all contracts with the various trade professionals who will work on the site, as well as other purchases on the basis of the advice of the CM. Construction management agreements can vary considerably depending on the authority he wishes to delegate to the site manager for the hiring and purchase of the developer. Construction management contracts give a site manager control over the interaction between the project owner, his architect and his owner. This monitoring is a form of risk control that imposes standards of quality, budget, punctuality and safety. CM agreements generally do not provide for the CM to perform the design tasks itself, but focus on formalizing their position and role as project advisors. At the other end of the scale, a “CM at Risk” agreement means that the CM will enter into contracts directly with professionals (subcontractors) and assume all of the risk and debt when the construction project is completed. There are different types of construction management contracts that can be signed between a project owner and a site manager. A construction management contract (CMA) is a contract that is developed and signed between a delegated site manager (CM) and a project owner. In order to ensure that the transmission of responsibilities to the CM is transparent and understandable to both the CM and its client, the details of a CMA are often defined and agreed under the aegis of a recognized and standardized third-party framework. For example, the Canadian Construction Documents Committee proposes standardized contracts for both CM as an agent and CM at Risk Agreements (CCDC 5A or CCDC 5B). CMAs define and formalize the specific roles, responsibilities and obligations of both parties throughout the term of the contract and define the potential financial compensation and liabilities assumed by both parties.
The construction management agreement (or approved version) is used to award contracts with a licensed architect, registered engineer or general contractor for some or all services related to the management of UC construction contracts. The order is not used when the tradesman performs one of the actual design or design work of the project. Your email address will not be published. The required fields are marked – The following documents are approved by the Office of the President and the Office of the General Council for use by the institution. The instructions and covers of these documents are only for configuration and must be removed before distribution. Documents identified as “key documents” cannot be changed by the organization. All changes to these models are made and issued by the Office of the President.