The benefit only applies to projects that increase the value of the property by at least $50,000 or new building projects.

The benefit only applies to projects that increase the value of the property by at least $50,000 or new building projects.

Determining which is the best method for a project requires contractors, construction managers and owners to understand their differences and to be on the same page on what is required with each type. As part of a CMc contract, Meyer said, the construction manager is brought in at the beginning of the project to provide a wide range of preconstruction services such as reviewing the plans for constructability, preparing initial schedules and getting orders with long-lead items underway. A general contractor is brought on to give input into the design and then will negotiate a fee. “The CM advisor really has low risk,” Meyer said. “As a result, the owner should expect to pay a much lower fee because the construction manager doesn’t have that risk exposure.”

https://www.constructiondive.com/news/the-dotted-line-the-pros-and-cons-of-construction-manager-delivery-methods/582139/

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