AIA A131/CMC STANDARD AGREEMENT BETWEEN OWNER AND CONSTRUCTION MANAGER, COST PLUS FEE (5 LEFT)

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A131CM

PLEASE NOTE: This is a physical copy of the contract, not a download.

By AIA.

A131CMc2003 Standard Form of Agreement Between Owner and Construction Manager Where the Construction Manager is also the Constructor and Where the Basis of Payment is the Cost Plus a Fee and there is no Guarantee of Cost (AGC Document 566)

Similar to A121CMc1991, this CM as constructor agreement is intended for use when the owner seeks a construction manager who will take on responsibility for providing the means and methods of construction. However, in A131CMc2003 the construction manager does not provide a Guaranteed Maximum Price (GMP). A131CMc2003 employs the cost-plus-a-fee method, wherein the owner can monitor cost through periodic review of a control estimate that is revised as the project proceeds.

The agreement divides the construction manager's services into two phases: the preconstruction phase and the construction phase, portions of which may proceed concurrently in order to fast track the process. A131CMc2003 is coordinated for use with A2011997, General Conditions of the Contract for Construction, and B1511997, Standard Form of Agreement Between Owner and Architect.

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AIA Contract Documents and the content therein are copyrighted works owned by American Institute of Architects. AIA Contract Documents are protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. AIA Contract Documents are licensed for one time use only and may not be reproduced prior to its completion.

AIA, The American Institute of Architects and the AIA emblem are registered trademarks owned by the American Institute of Architects.

Published/Edition: 2003. ISBN/Book No.: A131/CMC

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Description

PLEASE NOTE: This is a physical copy of the contract, not a download.

By AIA.

A131CMc2003 Standard Form of Agreement Between Owner and Construction Manager Where the Construction Manager is also the Constructor and Where the Basis of Payment is the Cost Plus a Fee and there is no Guarantee of Cost (AGC Document 566)

Similar to A121CMc1991, this CM as constructor agreement is intended for use when the owner seeks a construction manager who will take on responsibility for providing the means and methods of construction. However, in A131CMc2003 the construction manager does not provide a Guaranteed Maximum Price (GMP). A131CMc2003 employs the cost-plus-a-fee method, wherein the owner can monitor cost through periodic review of a control estimate that is revised as the project proceeds.

The agreement divides the construction manager's services into two phases: the preconstruction phase and the construction phase, portions of which may proceed concurrently in order to fast track the process. A131CMc2003 is coordinated for use with A2011997, General Conditions of the Contract for Construction, and B1511997, Standard Form of Agreement Between Owner and Architect.

AIA Documents are Non-Returnable

AIA Contract Documents and the content therein are copyrighted works owned by American Institute of Architects. AIA Contract Documents are protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. AIA Contract Documents are licensed for one time use only and may not be reproduced prior to its completion.

AIA, The American Institute of Architects and the AIA emblem are registered trademarks owned by the American Institute of Architects.

Published/Edition: 2003. ISBN/Book No.: A131/CMC

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