The CM at Risk holds the risk of construction performance and guarantees completion of the project for a negotiated price. This delivery system allows the owner to interview and select a firm, based upon qualifications, experience, OH & fee and General Conditions cost, before the design and bidding documents are completed. The CM, owner, and design team work together to develop a cost effective design that meets the owner’s objectives. A guaranteed maximum price (GMP) is provided by the CM after bids are received from subcontractors. Any unused contingency at the end of the project reverts to the owner. The design consultant team is selected separately and reports directly to the owner.