Construction · Defined
Construction management at risk (CMAR)
A delivery approach in which the construction manager provides preconstruction services and assumes construction responsibilities under the agreement, often with a guaranteed maximum price.
Why it matters
Delivery method and pricing terms are related but distinct. A GMP must still be examined for exclusions, allowances, changes, and owner-retained costs.
In practice
A project example
The manager advises during design and later executes trade contracts under its construction agreement.
Technical references
General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.