Lesson #3 Understanding CMAR Projects and their Benefits скачать в хорошем качестве

Lesson #3 Understanding CMAR Projects and their Benefits

We chat about CMAR (Construction Manager At Risk) projects and their benefits. Taylor explains that unlike traditional design-bid-build projects where the lowest bidder is usually awarded the project, CMAR projects involve a best value selection process. This includes considering factors such as the project team, approach, references, and preconstruction services fees. The CMAR process involves the contractor being selected at around 30-60% of the design stage, and they collaborate with the owner and engineer on design workshops and project kickoff meetings. Contractors can then provide more accurate cost estimates and contingencies, based on their expertise in actual construction costs. As the design progresses, the contractor submits open-book pricing with contingencies. This transparent process allows all parties to see where costs are coming from. Upon approval, preconstruction services are completed, and the project moves into the construction phase. One of the main advantages of CMAR projects is the ability to accelerate value engineering input and incorporate cost-saving measures during the design phase. Contractors can also suggest pre-procurement tactics for long lead items, potentially speeding up the project timeline compared to traditional design-bid-build projects. In summary, CMAR projects offer a more collaborative and transparent approach to project delivery, allowing contractors to provide valuable cost-saving insights and potentially accelerating the project timeline.