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Construction Manager at Risk
In this method, also known as CMAR, CM@R and CM At-Risk, the owner contracts directly with a general contractor during the design phase, after a prequalification and selection process. The general contractor provides preconstruction services, such as planning, estimating, scheduling, constructability reviews and other services to the owner and architect. A guaranteed maximum price is negotiated, along with the schedule, near the completion of the design process. The general contractor then executes construction, securing subcontractors and project personnel to complete the project.
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