The Basics
- Newer approach
- Architect prepares design and construction documents, which describe the work in detail
- Construction Manager (CM) prepares cost information as design and construction document preparation progresses
- CM prepares numerous “bid packages”
- Several contractors, subcontractors, and suppliers bid work to the project owner and have contracts with the project owner
- Numerous contractors build the project
Advantages to the Project Owner
- Competition among subcontractors and suppliers
- Project owners are sometimes able to use smaller, local entities
Disadvantages to the Project Owner
- Numerous construction contracts with coordination difficulties
- This method increases paperwork and the complexity of the project
- There’s no single point of construction contractual responsibility
- Potential lack of competition