The New Hampshire Construction Management Agreement is a legal contract that outlines the specific terms and conditions between a construction manager and a client in the state of New Hampshire. This agreement is crucial in ensuring a successful construction project by clearly defining the roles, responsibilities, and expectations of both parties involved. This agreement covers various critical aspects, including project scope, timeline, budget, insurance, and overall project management. It serves as a comprehensive framework that governs the construction manager's services and the client's obligations throughout the construction process. The New Hampshire Construction Management Agreement typically includes the following key components: 1. Parties involved: This section identifies the construction manager, also known as the CM, and the client, such as the project owner or investor. It includes their legal names, addresses, and contact information. 2. Scope of services: This portion outlines the specific services and duties the construction manager will provide. It may include pre-construction services, construction planning, project scheduling, cost estimation, subcontractor management, quality control, and overall project coordination. 3. Project timeline: This section details the projected start and completion dates of the construction project. It may include milestones and important deadlines, allowing both parties to have a clear understanding of the expected project duration. 4. Compensation and payment terms: This component outlines the agreed-upon compensation structure, such as a fixed fee or percentage of the project cost, and the payment schedule. It may also include provisions for additional fees, change orders, and reimbursements. 5. Insurance and liability: This section establishes the insurance requirements for the construction manager, subcontractors, and the client during the construction project. It aims to protect all parties from potential risks and liabilities arising from accidents, property damage, or delays. 6. Dispute resolution: This part outlines the process for resolving disputes or conflicts that may arise during the construction project. It may include negotiation, mediation, or alternative dispute resolution methods before resorting to litigation. 7. Termination clause: This clause specifies the conditions and procedures for terminating the agreement by either party. It may include provisions for termination in case of breach of contract, failure to perform, or force majeure events. Different types of New Hampshire Construction Management Agreements may exist depending on specific project requirements or the preferences of the parties involved. Some common variants may include design-build agreements, construction manager at-risk agreements, or construction manager as advisor agreements. These agreements can vary in terms of the level of responsibility and risk assumed by the construction manager. Understanding and utilizing a thorough New Hampshire Construction Management Agreement is crucial for successful construction projects in the state. It provides legal protection, clarifies expectations, and ensures effective communication between the construction manager and the client.
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.