Construction management contracts are a popular option for companies looking to oversee the construction of a project. This type of contract allows the construction manager to handle all aspects of the project, including scheduling, budgeting, and quality control. In this article, we will take a closer look at how a construction management contract works and the advantages it offers.
What is a Construction Management Contract?
A construction management contract is a type of agreement between a construction manager or firm and the project owner. The contract outlines the duties and responsibilities of the construction manager, who is tasked with overseeing the entire construction process from start to finish.
The construction manager is responsible for managing the entire construction process, from project planning and budgeting to scheduling and on-site supervision. The construction manager works closely with the project owner to ensure that the project is completed on time, within budget, and to the required quality standards.
Advantages of a Construction Management Contract
There are several advantages to using a construction management contract for your project. Here are some of the key advantages:
1. Increased Control: With a construction management contract, the owner has more control over the project. The owner can dictate the scope, budget, and timeline of the project, and the construction manager is responsible for delivering the project to these specifications.
2. Cost Savings: A construction management contract can help to reduce costs by streamlining the construction process and ensuring that the project is completed on time and within budget. The construction manager has the expertise and knowledge to identify potential cost savings and make recommendations to the owner.
3. Quality Assurance: A construction management contract ensures that the project is completed to the highest quality standards. The construction manager is responsible for ensuring that all work is completed to the required specifications and that the project meets all regulatory standards.
How Does a Construction Management Contract Work?
Now that we have discussed the advantages of a construction management contract, let`s take a closer look at how the contract works.
1. Project Planning: The first step in a construction management contract is project planning. The construction manager works with the project owner to develop a project plan that outlines the scope, budget, and timeline of the project.
2. Design and Development: Once the project plan is in place, the construction manager works with the owner to develop the architectural and engineering plans for the project. The construction manager also works to secure all necessary permits and approvals.
3. Construction: Once the design and development phase is complete, construction can begin. The construction manager oversees the construction process, ensuring that the project is completed on time, within budget, and to the required quality standards.
4. Closeout: Finally, once the construction is complete, the construction manager conducts a closeout phase, which involves final inspections and ensuring that all necessary documentation is completed.
Conclusion
In conclusion, a construction management contract is an effective way to ensure that your construction project is completed on time, within budget, and to the required quality standards. This type of contract offers increased control, cost savings, and quality assurance. If you are considering a construction management contract for your next project, be sure to work with an experienced construction manager who can guide you through the process.