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Risk, and the headaches that go wit it, have always been a major part of any construction project – risk of loss, negative cash flow, construction claims, regulations, excessive changes, disputes, slow pay – sometimes you’ll make money, and often you won’t. But many contractors today are avoiding almost all of that risk by working under a construction management contract, where they are simply a paid consultant to the owner, running the job, but leaving him the risk. This manual is the how-to of construction management contracting. You’ll learn how the process works, how to get started as a CM contractor, what the job entails, how to deal with the issues that come up, when to step back, and how to get the job completed on time and on budget. Includes a link to free downloads of CM contracts legal in each state.
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Risk, and the headaches that go wit it, have always been a major part of any construction project – risk of loss, negative cash flow, construction claims, regulations, excessive changes, disputes, slow pay – sometimes you’ll make money, and often you won’t. But many contractors today are avoiding almost all of that risk by working under a construction management contract, where they are simply a paid consultant to the owner, running the job, but leaving him the risk. This manual is the how-to of construction management contracting. You’ll learn how the process works, how to get started as a CM contractor, what the job entails, how to deal with the issues that come up, when to step back, and how to get the job completed on time and on budget. Includes a link to free downloads of CM contracts legal in each state.