The North Dakota Agreement between the Owner and Construction Manager for Services in Overseeing a Construction Project is a legal document that outlines the terms and conditions for the collaboration between the owner of a construction project and a designated construction manager. This agreement is specific to construction projects taking place in North Dakota and serves to establish clear guidelines and responsibilities for both parties involved. The agreement is designed to ensure effective project management and oversight, facilitating a smooth construction process from start to finish. It delineates the roles and responsibilities of the owner and construction manager, ensuring accountability and promoting effective communication throughout the project. Keywords: North Dakota, Agreement, Owner, Construction Manager, Services, Overseeing, Construction Project There may be different types of North Dakota Agreements between an Owner and a Construction Manager for Services in Overseeing a Construction Project based on the specific nature of the construction project and the preferences of the involved parties. Some potential types of agreements that fall under this category include: 1. Cost-Plus-Fee Agreement: This type of agreement details that the construction manager will be compensated for the actual costs of the project plus an agreed-upon percentage or fee for their services. 2. Lump Sum Agreement: In this type of agreement, the construction manager agrees to complete the project for a fixed lump sum, regardless of the actual costs incurred. 3. Time and Materials Agreement: This agreement stipulates that the construction manager will be reimbursed for the materials used and the time spent on the project, with additional fees for their services. 4. Guaranteed Maximum Price (GMP) Agreement: With a GMP Agreement, the construction manager guarantees that the project will not exceed a predetermined maximum price, giving the owner cost certainty. These are some examples of the different types of agreements that can be established between the owner and construction manager in North Dakota for overseeing a construction project. The specific agreement chosen will depend on the unique circumstances and needs of the project.
North Dakota Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project
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How to fill out North Dakota Agreement Between Owner And Construction Manager For Services In Overseeing A Construction Project?
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