Construction Phase Compensation. 7.2.1 The Commission shall compensate the Design-Builder for Work performed following the commencement of the Construction Phase on the following basis: 7.2.1.1 the Cost of the Work as allowed in Article 8; and 7.2.1.2 the Design-Builder’s fee paid in proportion to the services performed subject to adjustment as provided in Paragraph 7.4. 7.2.2 The compensation to be paid under this Paragraph 7.2 shall be limited to the Guaranteed Maximum Price (“GMP”), as the GMP may be adjusted under Article 9.
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Sources: Design Build Agreement, Design Build Agreement, Design Build Agreement