Construction Manager at Risk - An Introduction to EJCDC New Document Series-Construction Manager at Risk - An Introduction to EJCDC New Document Series Slides

Construction Manager at Risk - An Introduction to EJCDC New Document Series Slides

Pdf Summary

This presentation by Coy Veach, P.E., CCM, introduces the Construction Manager at Risk (CMAR) project delivery method and EJCDC's newly developed standard documents supporting it. CMAR integrates the contractor early during design for services like constructability reviews, material advice, scheduling, risk assessment, and procurement planning. This approach allows early procurement and fast-tracked construction before design completion.<br /><br />CMAR differs from traditional design-bid-build by providing a single entity responsible for construction with greater collaboration, innovation, and control over costs, suppliers, and subcontractors. It typically uses a Guaranteed Maximum Price (GMP) contract that limits construction costs while allowing design-to-budget flexibility. CMAR offers advantages in cost management, time savings, and risk mitigation by collaboratively allocating risks, reducing claims, and adjusting work packages during design.<br /><br />Ideal projects for CMAR include complex, multi-phase, renovation, or high-risk projects with tight budgets or delivery requirements. Challenges include a more complex procurement, higher owner involvement, cost and contract management demands, and need for owner’s advisor expertise. Common pitfalls arise from poor contracts that do not align CMAR roles or cost models with the delivery process.<br /><br />EJCDC provides a comprehensive CMAR document series covering selection, agreements with owner and advisors, contract conditions, work authorizations, budgeting, progress payments, change management, and project closeout. These documents are designed to be flexible, adaptable for different state laws, and support phased work packages and evolving project definitions.<br /><br />The CMAR process entails selecting a qualified CMAR through a two-step request for qualifications and price proposal, defining GMP based on design progress, issuing work authorizations for early procurement and construction, and collaboratively managing costs including CMAR contingency and owner contingency allowances.<br /><br />Overall, CMAR supports modern project needs by fostering collaboration, improving cost and risk controls, enabling faster delivery, and adjusting to market volatility. EJCDC’s standard documents aim to facilitate consistent and effective CMAR implementation across projects.

Keywords

Construction Manager at Risk

CMAR

EJCDC

Guaranteed Maximum Price

GMP

Project Delivery Method

Risk Mitigation

Cost Management

Early Procurement

Contract Documents