LA 527 Pro-Owner Construction Management Agreement For Manufacturing Plant Facility
This construction management agreement is for the engagement of a professional construction manager to supervise the development of a large manufacturing plant on behalf of the owner. The agreement contemplates a guaranteed maximum price for the construction project.
The agreement is pro-owner in orientation, and specifies the duties of the construction management firm in detail. The construction management fee is stipulated as a percentage of the guaranteed maximum price for the project subject to a maximum fee amount.
The construction manager is obligated to work with the project architect who will produce the plans and specifications for the project (to be attached as an exhibit to this agreement), and must cooperate with the lender who will finance the construction of the plant.
The agreement covers the scope of work, reimbursable and non-reimbursable costs, work schedule and early occupancy, phased construction, applications for payment, default, trade contractors, insurance requirements, and change orders, as well as numerous other issues relating to the construction.
Number of Single Spaced Pages: 65
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