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Register for the NASBP-supported ConsensusDocs webinar, “Managing the Risk in CM At-Risk: Best Practice Considerations,” that will provide a deep dive into the benefits of utilizing CM At-Risk and explore best practice contracting approaches. This webinar, held Thursday, October 16, 2025 held from 2 p.m. to 3:15 p.m. Eastern, will address the most common challenges in CM At-Risk contracting. Note that ConsensusDocs will soon be publishing its updated and revised ConsensusDocs 500, Standard Agreement Between Owner and Construction Manager At-Risk, which is an agreement between the owner and the construction manager in which the construction manager offers pre-construction services related to scheduling, budget, and design and can also issue subcontracts for fully designed portions of the project before the entire design is done. Registration fee: $79.00

During the webinar gain clear insights and actionable strategies on the following topics:

  1. Risks in Pre-Construction Services: Learn to manage risks associated with the performance of pre-construction services and how CM At-Risk differs from design-bid-build.
  2. Defining Cost-of-the-Work: Get a detailed look at the importance of defining the cost-of-the-work.
  3. Contingency and Shared Savings: Understand the role of contingency in project budgeting and how shared savings provisions can be structured to benefit both the owner and contractor while managing risk.
  4. Risk of Loss Transfer: Gain clarity on when and how the risk of loss shifts between parties in a CM At-Risk contract, and how to manage these transfers to minimize potential disputes.
  5. Consequential Damages: Learn about updated language in the ConsensusDocs 500 around consequential damages and how better definitions can help parties define exclusions based upon insurance proceeds actually paid.
  6. Directed Changes: Review the use of interim directed changes (A.K.A. construction change directives) from an owner that may not impact the schedule or cost.
  7. Warranties for Owner Work: Examine key considerations for properly managing warranties on owner-provided work, ensuring all parties are clear on their responsibilities and risks.
  8. Insurance Requirements for Builder’s Risk: Explore the recent changes to builder’s risk insurance and what these updates mean for your project’s protection.
  9. Attorney’s Fees: Clarify how to handle attorney’s fees in the event of a legal dispute and how to safeguard your project and budget from unexpected legal expenses.

Speakers include: Joseph M. Leone, Partner at Drewry Simmons Vornehm, LLP (DSV); Brian Perlberg, Executive Director, ConsensusDocs Coalition & Senior Counsel at AGC of America; and John Sier, Principal at Kitch.

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For more information about ConsensusDocs and the CMA At-Risk 500 Series of standard form contract documents, visit consensusdocs.org.
For information about the ConsensusDocs bond forms, visit nasbp.org.
NASBP also provides the ConsensusDocs bond forms for download from learn.nasbp.org.

NASBP is an endorsing organization of the ConsensusDocs coalition, an unprecedented effort by 42 industry organizations to identify industry best practices and to incorporate such practices in a new generation of consensus industry standard form documents.

Publish Date
August 27, 2025
Issue
Year
2025
Month
August
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