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guaranteed maximum price

1 article with this tag.

Two rolled sheets, a closed kraft folder, an unmarked hard hat, and a pencil on a worn wooden table

Procurement October 13, 2026 16 min read

Construction Manager at Risk: When the Price Is Set

A construction manager at risk advises during design, then builds under a price ceiling. When that price is set, what it includes, and who awards the trades.

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