A Construction Management Agreement is a formal contract that outlines the responsibilities of both parties in a construction project. These agreements are typically drawn up between an owner, such as a contractor, and a builder. The agreement details how the project will progress, from start to finish, including details such as budgeting, scheduling, material selection, safety provision and compliance with laws and regulations. It also sets out any additional services that may be required from the contractor or builder, such as inspections or testing. In some cases, the agreement may include clauses related to environmental impact and sustainability, ensuring the project meets best practices for long-term success.