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An “Agent” is contracted to represent the owner in all construction transactions. However, in the CM/R contract the “Agent” accepts either some risk or all of the risks throughout the construction process. In the CM/R contract method the amount of risk being absorbed by the agent increases the percent of their fee. Because of the “at risk” element the CM will assure that “potential” risks will be taken into account in the fee they require to perform under this contract. Again, they will be charging the owner for all reimbursable costs for Project Administration, and Management Services. Construction Managers are very hesitant to enter into a full risk contract.