Alabama Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-0056BG
• Format: Word; Rich Text

Description

A Construction Management Agreement is a contract drafted and signed by a construction foreman and the property owner. It allows each to establish roles and responsibilities, deadlines, wages and the project specifics. An Alabama Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legally binding contract that outlines the responsibilities, obligations, and terms of engagement between the owner (often a developer or project owner) and the construction manager (usually a professional construction management firm or individual) for the successful execution and completion of a construction project in Alabama. This agreement serves as a framework for collaboration, coordination, and communication between both parties, ensuring a structured and efficient management of the project. It provides clarity on critical aspects such as project objectives, scope of work, budget, timelines, resources, decision-making authority, and risk allocation. The Alabama Agreement between Owner and Construction Manager typically consists of several key sections, each addressing important aspects of the project. These sections may include: 1. Introduction: A brief overview of the agreement, including the identities of the owner and the construction manager, the project's name, location, and purpose, as well as the agreement's effective date and duration. 2. Scope of Work: A detailed description of the project's scope, including any plans, specifications, drawings, or other documents referenced as part of the agreement. It outlines the specific services to be rendered by the construction manager, such as pre-construction services, estimating, scheduling, procurement, construction supervision, quality control, and project closeout. 3. Project Schedule: A timeline outlining the major milestones, deliverables, and key dates related to the project, including the start and completion dates for different phases, submission of reports, and payment milestones. 4. Compensation: Details regarding the financial arrangements between the owner and the construction manager. It includes the base fee or stipulated sum, any additional fees for extra services or changes in scope, reimbursable expenses, billing procedures, and payment terms. 5. Insurance and Liability: Provisions addressing insurance requirements for both parties, including workers' compensation, general liability, and professional liability. It may also specify the allocation of risks, indemnification, and limitations on liability. 6. Change Orders: Procedures for requesting and processing changes to the project scope, schedule, or cost. This section defines how change orders will be evaluated, approved, and documented, including any requirements for written notices, estimates, or owner's authorization. 7. Dispute Resolution: Procedures for resolving disputes and claims arising from the agreement. It may include mandatory mediation or arbitration provisions, defining the jurisdiction and venue for legal proceedings. 8. Termination: Conditions under which either party may terminate the agreement, including default, non-performance, or convenience. It outlines the notification process, obligations upon termination, and any associated penalties or liabilities. Other specific types of Alabama Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project may include: — Cost-Plus-Fee Agreement: In this type of agreement, the construction manager is reimbursed for actual costs incurred during the project, along with a predetermined fee or percentage of the costs. — Guaranteed Maximum Price (GMP) Agreement: This agreement establishes a maximum price for the project, limiting the construction manager's liability for cost overruns. If the project is completed under budget, the savings may be shared between the owner and the construction manager. — Unit Price Agreement: This type of agreement involves establishing fixed prices for specific units of work or materials, allowing for greater flexibility in pricing. — Design-Build Agreement: When the construction manager is responsible for both the design and construction of the project, the agreement may be structured as a design-build agreement. This type of agreement streamlines the coordination process and can lead to cost and time savings. In summary, an Alabama Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is an essential document that facilitates clear communication, establishes roles and responsibilities, and helps ensure a successful collaboration between both parties in delivering a construction project in Alabama.

An Alabama Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legally binding contract that outlines the responsibilities, obligations, and terms of engagement between the owner (often a developer or project owner) and the construction manager (usually a professional construction management firm or individual) for the successful execution and completion of a construction project in Alabama. This agreement serves as a framework for collaboration, coordination, and communication between both parties, ensuring a structured and efficient management of the project. It provides clarity on critical aspects such as project objectives, scope of work, budget, timelines, resources, decision-making authority, and risk allocation. The Alabama Agreement between Owner and Construction Manager typically consists of several key sections, each addressing important aspects of the project. These sections may include: 1. Introduction: A brief overview of the agreement, including the identities of the owner and the construction manager, the project's name, location, and purpose, as well as the agreement's effective date and duration. 2. Scope of Work: A detailed description of the project's scope, including any plans, specifications, drawings, or other documents referenced as part of the agreement. It outlines the specific services to be rendered by the construction manager, such as pre-construction services, estimating, scheduling, procurement, construction supervision, quality control, and project closeout. 3. Project Schedule: A timeline outlining the major milestones, deliverables, and key dates related to the project, including the start and completion dates for different phases, submission of reports, and payment milestones. 4. Compensation: Details regarding the financial arrangements between the owner and the construction manager. It includes the base fee or stipulated sum, any additional fees for extra services or changes in scope, reimbursable expenses, billing procedures, and payment terms. 5. Insurance and Liability: Provisions addressing insurance requirements for both parties, including workers' compensation, general liability, and professional liability. It may also specify the allocation of risks, indemnification, and limitations on liability. 6. Change Orders: Procedures for requesting and processing changes to the project scope, schedule, or cost. This section defines how change orders will be evaluated, approved, and documented, including any requirements for written notices, estimates, or owner's authorization. 7. Dispute Resolution: Procedures for resolving disputes and claims arising from the agreement. It may include mandatory mediation or arbitration provisions, defining the jurisdiction and venue for legal proceedings. 8. Termination: Conditions under which either party may terminate the agreement, including default, non-performance, or convenience. It outlines the notification process, obligations upon termination, and any associated penalties or liabilities. Other specific types of Alabama Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project may include: — Cost-Plus-Fee Agreement: In this type of agreement, the construction manager is reimbursed for actual costs incurred during the project, along with a predetermined fee or percentage of the costs. — Guaranteed Maximum Price (GMP) Agreement: This agreement establishes a maximum price for the project, limiting the construction manager's liability for cost overruns. If the project is completed under budget, the savings may be shared between the owner and the construction manager. — Unit Price Agreement: This type of agreement involves establishing fixed prices for specific units of work or materials, allowing for greater flexibility in pricing. — Design-Build Agreement: When the construction manager is responsible for both the design and construction of the project, the agreement may be structured as a design-build agreement. This type of agreement streamlines the coordination process and can lead to cost and time savings. In summary, an Alabama Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is an essential document that facilitates clear communication, establishes roles and responsibilities, and helps ensure a successful collaboration between both parties in delivering a construction project in Alabama.