Contract with Obligation of Results (COR) is a The Contract with an Obligation of Results (COR) is an innovative contract structure developed by SEDRI, combining the benefits of an Owner's Representative (AMO) assignment with those of a Property Development Contract (CPI). This arrangement turns the best-efforts obligation of an AMO assignment during the design phase into a true obligation of results under a CPI during the execution phase, providing a flexible and transparent framework with a high level of guarantees for carrying out real estate projects., combining the advantages of Owner's Representative (AMO) services with those of a Real Estate Development Contract (CPI). This approach makes it possible to evolve the’duty of care from a project management assistance mission in the design phase to a true obligation of results of a CPI in the execution phase, thus offering a flexible and transparent framework with a high level of guarantees for conducting real estate operations.
To guarantee that its commitments are met, SEDRI mobilizes its specialized in-house teams covering Owner's Representative services (AMO), Property Development Contracts (CPI), Construction Supervision (MOEX) and Scheduling & Coordination (OPC). This integrated organization ensures tight control of processes, greater responsiveness and continuous monitoring of project quality.
The strengths of the Contract with an Obligation of Results (COR)
- Total flexibility to evolve the design up to the last moment without incurring additional costs.
- Maximum transparency on all services and contracts awarded to companies.
- An optimized overall cost thanks to the award of contracts as separate trade packages (CES).
- A true obligation of results, backed by a Property Development Contract (CPI), committing to the schedule, price and conformity of the works.
- Complete financial security, through a Financial Completion Guarantee (GFA) issued by a bank and covering the entire operation.
- Operational simplification for the client, who benefits from a single point of contact and a single contract.