We recently were involved with a project where the  Owner originally opted to use a Construction Manager at Risk  in hopes of mitigating or minimizing extreme inflation rates in  construction costs.  The project included significant additions  and renovation work at three (3) different school campuses.  The Construction Manager submitted the projected  guaranteed maximum price for the projects after receiving  bids. Subsequently we evaluated the projected costs and  came to the conclusion that the costs were high and beyond  what would be expected given the current market conditions.  We then recommended that the Owner terminate the  current project delivery method with the Construction  Manager and proceed with a Sealed Proposal Method of  delivery.  The Owner accepted our recommendation, the project  was rebid using the Sealed Proposal Method giving an  estimated savings of $1 million.