Changes to the GMP Clause Samples

Changes to the GMP. ‌ 26.1. Changes to the GMP will only be allowed as described hereunder and only after all credits, unused allowances and the Project Contingency, if applicable as per Article 11, have been fully exhausted. 26.2. Changes Initiated or Approved by the Owner: The Owner may, at any time and for any reason, by written notice or order, make changes or modifications to the Work or add Work within the general scope of the Project, including without limitation changes to the Drawings and Specifications, the Master Schedule, the sequence, manner or method of performing the Work, or the work being provided by the Owner or its separate contractors. The CM may propose changes to the Work, but no change to the Work shall be allowed unless and until the Owner by written notice or order authorizes the change. If at the time of a change to the scope of the Project the GMP has been fixed, the CM shall be entitled to seek an adjustment in the GMP. The amount of adjustment to increase or decrease the Cost of the Work resulting from a change in the Project shall be determined in one or more of the following ways: 26.2.1. By mutual acceptance of a lump sum, properly itemized and supported by cost data; or 26.2.2. By unit prices defined in a contract with a Contractor; or 26.2.3. By the cost of such Work determined on the basis of the cost records for the changed work. In the event actual costs are to be reimbursed, the CM shall keep and present in such form as may be agreeable to the Owner and the Designer an itemized accounting together with appropriate supporting data of the actual Cost of the Work.