Construction Management at-Risk
We join during design, manage the trade bidding with open books and take the risk of delivering within a guaranteed maximum price.
Under CM at-risk you choose a builder on qualifications while the design is still moving. We provide preconstruction, bid the work to trade partners with you watching, and commit to a guaranteed maximum price before construction starts.
- Preconstruction services from schematic design
- Open-book trade bidding with the owner on the bid review
- Guaranteed maximum price with shared savings
- Monthly cost reports and contingency logs
- Self-performed concrete and carpentry where it protects the schedule
- Commissioning, closeout and warranty management
How it works
The sequence, step by step.
- Selection
Qualifications, interview and fee proposal; no hard price is needed to start.
- Preconstruction
Estimates, schedules and constructability reviews through design.
- GMP
The guaranteed maximum price is set from trade bids, sometimes in early packages.
- Build and close
We build within the GMP and return unused contingency as agreed.
In practice
Construction Management at-Risk on a real schedule
HealthcareCompleted
Riverside Medical Pavilion
- Portland, OR
- 212,000 sq ft
- 2025
Talk to
President and Chief Operating Officer