Nassau New York Construction Management Agreement refers to a contractual agreement between a property owner or developer and a construction manager in Nassau County, New York. This agreement outlines the roles, responsibilities, and terms that govern the construction project's management throughout its various stages. The design and specifications, cost estimation, scheduling, procurement, and oversight of the construction project are generally covered in this agreement. The Nassau New York Construction Management Agreement typically includes important clauses such as project scope, project timeline, budget, payment terms, change orders, dispute resolution, insurance requirements, and termination terms. These clauses are crucial for establishing clear expectations, ensuring effective project management, and mitigating potential risks. There are various types of Nassau New York Construction Management Agreements, each catering to specific construction project needs: 1. Construction Manager as Advisor (CMA): This type of agreement involves the construction manager acting as an advisor to the property owner or developer. The construction manager offers expertise, advice, and recommendations on the project's design, budgeting, and other construction-related matters. 2. Construction Manager at Risk (CAR): In CAR agreements, the construction manager takes on additional responsibilities. The manager not only offers advice but also assumes some level of risk for the project's cost and schedule. Under this arrangement, the construction manager can be held accountable for cost overruns or delays. 3. Design-Build: This type of agreement combines design and construction into a single contract, simplifying project coordination. The construction manager handles both the design and construction aspects, collaborating closely with the property owner or developer to ensure seamless execution. 4. Cost-Plus: A Cost-Plus agreement compensates the construction manager for the actual project costs incurred, along with a predetermined fee or percentage markup. This type of agreement ensures transparency as all costs related to construction are documented and reimbursed to the construction manager. In Nassau New York, the Construction Management Agreement serves as a crucial legal instrument that not only outlines the project's management structure but also provides a foundation for efficient construction practices, accountability, and successful project completion. It is essential to consult with legal professionals specializing in construction law while drafting or entering into such agreements to ensure compliance with local regulations and protect the interests of all parties involved.
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.