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Construction Management Agreement

oboloo Glossary

Construction Management Agreement

A Construction Management Agreement is a contract that binds a construction management firm to provide project oversight and expertise for the completion of a building or remodeling job. It defines the scope of responsibilities for both parties, including the client’s expectations for project outcomes as well as the scope of services and fees provided by the construction management firm. This agreement helps to ensure clear communication and accountability between both parties to ensure successful project completion. It also builds trust in the relationship by providing a legally-binding document outlining all terms and conditions.

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