Benefits of a CMAR Contract
Cost Certainty & Budget Control
- The CMAR provides a Guaranteed Maximum Price (GMP) early in the process, reducing the risk of cost overruns.
- Open-book cost transparency ensures owners understand where every dollar is spent.
Reduced Owner Risk
- The CMAR holds all subcontractor contracts, assuming liability for construction performance, cost, and schedule.
- Any cost overruns beyond the GMP (unless due to owner-approved changes) are the CMAR’s responsibility—not the client’s.
Accelerated Project Delivery
- Early involvement allows for parallel planning and construction, shortening project timelines.
- Potential delays are identified and addressed before they impact the schedule.
Improved Collaboration & Communication
- The CMAR works closely with the owner, architects, and engineers from the beginning, ensuring alignment on project goals.
- Potential design or constructability issues are identified and resolved early.
Higher Quality Construction
- The CMAR’s early involvement leads to better material selection, construction methods, and long-term durability.
- Quality control is integrated throughout the project, not just at the final stages.
Greater Flexibility & Value Engineering
- Owners have input in decision-making while the CMAR provides expert recommendations to enhance cost efficiency and performance.
- Alternative materials or methods can be evaluated for cost savings without sacrificing quality.
Streamlined Permitting & Procurement
- The CMAR assists with navigating regulatory approvals, ensuring compliance and avoiding costly delays.
- Subcontractor selection is handled efficiently, optimizing both cost and performance.