5.3: Construction Manager at Risk Method of Construction
The construction manager at risk (CMAR) method is where the Town enters into a single contract with a construction manager to deliver the construction project within a Guaranteed Maximum Price (GMP) which is based on the construction documents and specifications at the time of the GMP plus any reasonably inferred items or tasks. The CMAR provides professional services and acts as a consultant to the Town in the design development as well as the construction phases. The CMAR may provide some of the actual construction of the project depending on the availability of bidders and subcontractors. In addition to acting in the Town’s best interest, the CMAR must manage and control construction costs to not exceed the GMP because contractually any costs exceeding the GMP that are not change orders are the financial liability of the CMAR.
Each RFP for CMAR shall include: evaluation factors, design specifications, and a GMP. When the Town Administrator determines that the cost of preparing proposals is high in view of the size, estimated price, and complexity of the procurement, the Town may:
   1.   prequalify vendors by issuing a Request for Qualifications (RFQ) in advance of the RFP, or
   2.   select a short list of responsible vendors prior to discussions and evaluations, provided the number of proposals will be short-listed is stated in the RFP and prompt public notice is given to all vendors as to which proposals have been short-listed, or
   3.   pay stipends to unsuccessful vendors, provided that the amount of such stipends and terms under which stipends will be paid are stated in the RFP.
Each RFP for CMAR shall state the relative importance of the following evaluation factors:
   •   demonstrated compliance with the design requirements,
   •   vendor qualifications,
   •   financial capacity,
   •   project schedule,
   •   price,
   •   and other factors, if any, as disclosed in the RFP.