Final answer:
The owner's decision to use Agency CM is based on both the cost of services and the professional qualifications of the firm.
Step-by-step explanation:
The choice by the owner to use Agency CM is based on both price and qualification. When deciding to employ an Agency Construction Manager, the owner must consider a balance between the cost of the services and the professional qualifications of the firm. It is critical that the firm is not only competitively priced but also has the experience, resources, and capability to manage the construction project effectively. To ensure the best results, owners will evaluate proposals from various firms that outline both their qualifications and their proposed cost for undertaking the project. Through a process that considers these two crucial aspects, the owner aims to select an Agency CM that offers the best value while capable of meeting the project's demands and maintaining the required standards.