Construction management fee contract

  • What is construction management contract?

    Construction management contracts encompass the work and/or materials required for a building project.
    Typically, they will address: Project/deliverable specifications.
    Labor and material requirements.
    Timelines for completion/delivery..

  • What is the management contracting contract?

    A management contract is an arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee..

  • What is the difference between management contracting and construction management? Management contracting differs from construction management in that management contractors contract works contractors direct, whereas construction managers only manage trade contracts, the contracts themselves are placed by the client.
In connection with the Construction Projects, on a project by project basis, Property Manager shall be paid a fee equal to five percent (5%) of the hard costsĀ 

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