CM-at-Risk with guaranteed maximum price, or CM-at-Agency as owner advocate. Single point of accountability through preconstruction, construction, and closeout.
We carry the guaranteed maximum price. Open-book subcontractor buyout, shared savings clauses common, and the owner sees what we paid. The most common CM structure on larger projects.
We represent the owner alongside the prime contractor. No GMP risk to us, we're the owner's advocate. Used when the owner wants experienced construction representation inside the project without giving up GC selection.
Estimating, value engineering, constructibility, and subcontractor pre-qualification. Bidder identification, scope of work development, and bid leveling for the construction phase.
Subcontractor management, schedule control, change order administration, and quality oversight. Standard CM scope including pay application review, monthly reporting, and closeout coordination.
Contingency management, contract risk, insurance coordination, and bond oversight. Particularly important on GMP contracts where the line between owner risk and CM risk drives the financial outcome.
Construction Management is a contract structure, not just a label. The right CM model depends on how much risk the owner wants to retain, how much budget visibility matters, and whether the owner needs an advocate inside the construction team or a GC carrying the price risk.
We deliver both CM-at-Risk (we carry the GMP, you get open-book pricing on subcontractor buyout) and CM-at-Agency (we represent the owner alongside the GC at no GMP risk to us).
CM-at-Risk: we carry the guaranteed maximum price and act as the GC. CM-at-Agency: we represent the owner alongside the prime contractor with no GMP risk. Different fee structures, different accountability.
Guaranteed Maximum Price. The CM caps total project cost at a fixed number; cost overruns above the GMP come out of the CM's fee. Cost savings below the GMP are typically shared per contract terms.
On larger projects with design still in progress. CM-at-Risk allows the owner to lock in price as design develops, with open-book subcontractor buyout providing transparency.
Yes. On CM-at-Risk contracts, open-book subcontractor buyout is standard. The owner sees what we paid each subcontractor and where contingency is allocated.
CM contracts make sense at $5M and above typically. Below that, lump-sum GC or GMP often delivers similar accountability with less contract overhead.
