STEM CO.LTD.

THE CONSTRUCTION MANAGEMENT FIRM’S POSITION IN THE CLASSICAL RELATIONSHIP LINKING OWNER, CONTRACTOR, AND ARCHITECT ENGINEER.

THIS FIRM HAS THE FUNCTION OF A TRAFFIC COP OR ENFORCER, CONTROLLING THE FLOWS OF INFORMATION AMONG ALL PARTIES ACTIVE ON THE PROJECT.

CM ESTABLISHES THE PROCEDURES FOR AWARD OF ALL CONTRACTS TO ARCHITECT/ENGINEERS, PRINCIPAL VENDORS, AND THE SO-CALLED TRADE CONTRACTORS. ONCE CONTRACTUAL RELATIONSHIPS ARE ESTABLISHED, THE CM CONTROLS NOT ONLY THE PRIME OR MAJOR CONTRACTOR BUT ALL SUBCONTRACTORS AS WELL AS MAJOR VENDORS AND OFF-SITE FABRICATORS. MAJOR AND MINOR CONTRACTORS ON THE SITE ARE REFERRED TO AS TRADE CONTRACTORS. IN THIS CONTROL OR MANAGEMENT FUNCTION, THE CM FIRM UTILIZES THE PROJECT SCHEDULE AS A ROAD MAP OR FLIGHT PLAN TO KEEP THINGS MOVING FORWARD IN A TIMELY AND COST EFFECTIVE MANNER. THE MAJOR FUNCIONS CARRIED OUT BY THE CM FIRM VARY DEPENDING ON WHETHER THE PROJECT IS IN THE PRE-DESIGN, DESIGN, OR CONSTRUCTION PHASE.