Montana Construction Management Agreement is a legally binding contract that outlines the roles, responsibilities, and obligations between an owner and a construction manager for a construction project in the state of Montana. This agreement ensures effective project management, cost control, quality assurance, and timely completion of the construction project. The Montana Construction Management Agreement typically consists of several key sections, including: 1. Parties involved: The agreement clearly identifies the owner and the construction management firm, including their contact details and legal entities. 2. Scope of work: This section defines the specific tasks and services the construction management firm will provide, such as project planning, scheduling, budgeting, subcontractor selection, coordination, and oversight. 3. Project timeline: The agreement should establish a project schedule with milestones, including start and completion dates for different project phases. 4. Compensation: The agreement outlines the compensation structure for the construction management services, which could be a fixed fee, percentage of project costs, or a combination thereof. It may also specify payment terms and conditions, including invoicing and dispute resolution. 5. Insurance and bonding: The agreement usually requires the construction management firm to obtain and maintain appropriate insurance coverage, such as liability insurance and worker's compensation. It may also address bonding requirements to protect the owner from financial risks. 6. Change orders: This section outlines the process to be followed in case of any changes in the scope of work, timeline, or costs during the construction project. 7. Dispute resolution: The agreement may include a provision for resolving any disputes that may arise during the course of the project, including mediation, arbitration, or litigation. Different types of Montana Construction Management Agreement include: 1. Construction Manager as Advisor (CMA): In this arrangement, the construction manager provides advice to the owner during the design and pre-construction phases, but the construction contracts are directly between the owner and the subcontractors. 2. Construction Manager as Constructor (CMC): Here, the construction manager acts as both an advisor during the design phase and a general contractor during the construction phase. The construction manager is responsible for managing subcontractors and coordinating construction activities. 3. Construction Manager at Risk (CAR): In this model, the construction manager assumes additional risk by guaranteeing a maximum price for the project. The construction manager acts as the general contractor and can enter into contracts with subcontractors. By entering into a well-drafted Montana Construction Management Agreement, owners can benefit from the expertise of a professional construction manager to efficiently oversee and direct their construction projects, ensuring successful project delivery.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.