Nevada 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. A Nevada Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legally binding contract that outlines the responsibilities, rights, and obligations of both the owner and the construction manager during the construction process. This agreement ensures a smooth and successful completion of the project while mitigating risks and ensuring compliance with Nevada state laws. The Nevada Agreement between Owner and Construction Manager for Services typically includes the following key sections: 1. Parties involved: Clearly identifies the owner(s) and the construction manager(s) involved in the project, along with their contact information. 2. Scope of work: Describes the specific services and responsibilities of the construction manager, including overseeing the construction process, coordinating subcontractors, ensuring compliance with codes and regulations, managing schedules and budgets, and addressing any unforeseen issues. 3. Project timeline: Establishes the start and completion dates of the construction project, along with any milestones or deadlines that need to be met. 4. Compensation and payment terms: Outlines the agreed-upon compensation for the construction manager's services, including the billing schedule and any additional fees or reimbursable expenses. 5. Change orders: Defines the procedure for submitting and approving any changes or modifications to the original contract, including a process for assessing any potential impact on budget and timeline. 6. Insurance and liability: States the insurance coverage requirements for both the owner and the construction manager, including general liability, workers' compensation, and professional liability insurance. It also clarifies the allocation of risks and liabilities between the parties. 7. Dispute resolution: Specifies the process for resolving disputes or disagreements that may arise during the construction project, including mediation, arbitration, or litigation within the state of Nevada. 8. Termination and suspension: Outlines the conditions under which either party can terminate or suspend the agreement, along with any associated penalties or remedies. Additional types of Nevada Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project may include: — Design-Bid-Build Agreement: In this scenario, the owner completes the design phase before bidding the project to construction managers, who oversee the construction phase. — Design-Build Agreement: Here, the owner hires a construction manager with a design capability to handle both the design and construction phases of the project, streamlining the overall process. — Construction Manager at Risk Agreement: In this agreement, the construction manager is involved from the early stages of the project, providing input on design, cost estimation, and construct ability, assuming the responsibility for any cost overruns. — Integrated Project Delivery Agreement: This type of agreement promotes collaboration and integration among all project stakeholders, including the owner, construction manager, and design professionals, fostering a more efficient and synchronized approach. Nevada Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project are essential in establishing clear expectations, roles, and responsibilities, ensuring transparency and accountability throughout the construction process. It is recommended to consult legal professionals familiar with Nevada construction laws when drafting or entering into such agreements.

A Nevada Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legally binding contract that outlines the responsibilities, rights, and obligations of both the owner and the construction manager during the construction process. This agreement ensures a smooth and successful completion of the project while mitigating risks and ensuring compliance with Nevada state laws. The Nevada Agreement between Owner and Construction Manager for Services typically includes the following key sections: 1. Parties involved: Clearly identifies the owner(s) and the construction manager(s) involved in the project, along with their contact information. 2. Scope of work: Describes the specific services and responsibilities of the construction manager, including overseeing the construction process, coordinating subcontractors, ensuring compliance with codes and regulations, managing schedules and budgets, and addressing any unforeseen issues. 3. Project timeline: Establishes the start and completion dates of the construction project, along with any milestones or deadlines that need to be met. 4. Compensation and payment terms: Outlines the agreed-upon compensation for the construction manager's services, including the billing schedule and any additional fees or reimbursable expenses. 5. Change orders: Defines the procedure for submitting and approving any changes or modifications to the original contract, including a process for assessing any potential impact on budget and timeline. 6. Insurance and liability: States the insurance coverage requirements for both the owner and the construction manager, including general liability, workers' compensation, and professional liability insurance. It also clarifies the allocation of risks and liabilities between the parties. 7. Dispute resolution: Specifies the process for resolving disputes or disagreements that may arise during the construction project, including mediation, arbitration, or litigation within the state of Nevada. 8. Termination and suspension: Outlines the conditions under which either party can terminate or suspend the agreement, along with any associated penalties or remedies. Additional types of Nevada Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project may include: — Design-Bid-Build Agreement: In this scenario, the owner completes the design phase before bidding the project to construction managers, who oversee the construction phase. — Design-Build Agreement: Here, the owner hires a construction manager with a design capability to handle both the design and construction phases of the project, streamlining the overall process. — Construction Manager at Risk Agreement: In this agreement, the construction manager is involved from the early stages of the project, providing input on design, cost estimation, and construct ability, assuming the responsibility for any cost overruns. — Integrated Project Delivery Agreement: This type of agreement promotes collaboration and integration among all project stakeholders, including the owner, construction manager, and design professionals, fostering a more efficient and synchronized approach. Nevada Agreements between Owner and Construction Manager for Services in Overseeing a Construction Project are essential in establishing clear expectations, roles, and responsibilities, ensuring transparency and accountability throughout the construction process. It is recommended to consult legal professionals familiar with Nevada construction laws when drafting or entering into such agreements.