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.
Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legal document that outlines the responsibilities, rights, and obligations of both an owner and a construction manager in a construction project in Oakland, Michigan. This agreement establishes a formal relationship between the two parties involved and serves as a framework for the successful completion of the project. The Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project typically includes the following key clauses: 1. Scope of Work: This section defines the specific scope of work to be performed by the construction manager, including project management, scheduling, cost estimation, design coordination, and overall construction oversight. 2. Owner's Responsibilities: This clause outlines the owner's role and responsibilities in the project, such as providing necessary construction documents, permits, and approvals, financing the project, and supplying the necessary resources. 3. Construction Manager's Responsibilities: Here, the roles and responsibilities of the construction manager are outlined, including managing subcontractors, coordinating with architects and engineers, maintaining project schedules, and ensuring quality control and safety compliance. 4. Project Schedule: This section establishes a timeline for the construction project, including key milestones, completion dates, and any liquidated damages or incentives related to timely project completion. 5. Compensation: This clause outlines the payment terms and conditions for the construction manager, including the method and frequency of payments, reimbursable expenses, and any provisions for change orders or additional work. 6. Insurance and Indemnification: This section specifies the insurance coverage required by both parties, such as liability insurance and workers' compensation, and establishes indemnification provisions to protect each party from potential legal claims. 7. Dispute Resolution: In case disputes arise during the project, this clause establishes the procedures for resolving conflicts, including mediation, arbitration, or litigation. 8. Termination: This section outlines the conditions and procedures for terminating the agreement, such as breach of contract, failure to perform, or changes in project scope. The Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project may have variations or specific names depending on the nature of the project or additional contractual arrangements. For instance: 1. Design-Build Agreement: In a design-build project, where the construction manager is responsible for both design and construction, a separate agreement may be used to address the additional design responsibilities. 2. Cost-Plus-Fee Agreement: This type of agreement involves the construction manager being reimbursed for actual costs incurred, plus an agreed-upon fee or percentage of costs as compensation. 3. Lump Sum Agreement: In a lump-sum agreement, the construction manager provides a fixed price for the entire project, including all construction-related services. 4. Guaranteed Maximum Price (GMP) Agreement: This contract type sets a maximum price for the project, and if the actual costs are below the agreed GMP, the owner realizes the savings. In conclusion, the Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a crucial legal document that defines the terms, roles, and responsibilities of both parties involved, ensuring a smooth and successful construction process in compliance with relevant regulations and laws.
Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legal document that outlines the responsibilities, rights, and obligations of both an owner and a construction manager in a construction project in Oakland, Michigan. This agreement establishes a formal relationship between the two parties involved and serves as a framework for the successful completion of the project. The Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project typically includes the following key clauses: 1. Scope of Work: This section defines the specific scope of work to be performed by the construction manager, including project management, scheduling, cost estimation, design coordination, and overall construction oversight. 2. Owner's Responsibilities: This clause outlines the owner's role and responsibilities in the project, such as providing necessary construction documents, permits, and approvals, financing the project, and supplying the necessary resources. 3. Construction Manager's Responsibilities: Here, the roles and responsibilities of the construction manager are outlined, including managing subcontractors, coordinating with architects and engineers, maintaining project schedules, and ensuring quality control and safety compliance. 4. Project Schedule: This section establishes a timeline for the construction project, including key milestones, completion dates, and any liquidated damages or incentives related to timely project completion. 5. Compensation: This clause outlines the payment terms and conditions for the construction manager, including the method and frequency of payments, reimbursable expenses, and any provisions for change orders or additional work. 6. Insurance and Indemnification: This section specifies the insurance coverage required by both parties, such as liability insurance and workers' compensation, and establishes indemnification provisions to protect each party from potential legal claims. 7. Dispute Resolution: In case disputes arise during the project, this clause establishes the procedures for resolving conflicts, including mediation, arbitration, or litigation. 8. Termination: This section outlines the conditions and procedures for terminating the agreement, such as breach of contract, failure to perform, or changes in project scope. The Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project may have variations or specific names depending on the nature of the project or additional contractual arrangements. For instance: 1. Design-Build Agreement: In a design-build project, where the construction manager is responsible for both design and construction, a separate agreement may be used to address the additional design responsibilities. 2. Cost-Plus-Fee Agreement: This type of agreement involves the construction manager being reimbursed for actual costs incurred, plus an agreed-upon fee or percentage of costs as compensation. 3. Lump Sum Agreement: In a lump-sum agreement, the construction manager provides a fixed price for the entire project, including all construction-related services. 4. Guaranteed Maximum Price (GMP) Agreement: This contract type sets a maximum price for the project, and if the actual costs are below the agreed GMP, the owner realizes the savings. In conclusion, the Oakland Michigan Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a crucial legal document that defines the terms, roles, and responsibilities of both parties involved, ensuring a smooth and successful construction process in compliance with relevant regulations and laws.