A construction manager at risk is a builder hired early who promises to finish for a set top price.
In Leander. In Aug. 2023, the board approved a list of three firms for 14 project slots.1
Everyday comparison. It is like hiring a general contractor before the plans are done.
Related terms: guaranteed maximum price. Read more: school capacity.
Footnotes
-
Board packet, Aug. 24, 2023, page 180 (construction manager at risk list). Packet page 180. ↩