A construction management contractor agreement is a legally binding document that is drafted when the owner of a property which is to be constructed gives the services of management of construction process to a contractor. The contractor has to ensure the smooth execution of the construction process.
The responsibilities of the contractor are mentioned in details in the agreement which are as follows:
- The contractor has to design the construction plan and also review the one designed by the architect.
- They have to prepare bid forms and also the bid letters
- They have to supervise the work of the construction workers and supervisors
- They have to ensure that the construction is completed within the estimated budget
The contractor is entitled to a certain amount of remuneration which is mentioned in the agreement. The agreement also ensures that any sort of construction expense born by the contractor is reimbursed to him.
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