Effect of GMP Change Order. At the time Design-Builder submits its GMP Change Order proposal under Article 4.1, Design-Builder shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner. The Owner shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.
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Samples: Design Build Contract, Design Build Contract, Design Build Contract
Effect of GMP Change Order. At the time Design-Builder submits its GMP Change Order proposal under Article Section 4.1, Design-Builder shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner. The Owner shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.
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Samples: gsfic.georgia.gov, Construction Contract
Effect of GMP Change Order. At the time Design-Builder submits its GMP Change Order proposal under Article 4.1, Design-Builder shall incorporate into the Estimated Cost, Contingency, and Fee components of the proposed Guaranteed Maximum Price the corresponding components or lump sum amounts of all Change Order Sums stated in all Component Change Orders accepted as of that date by the Owner. The Owner shall receive a credit for payments it has made under all Component Change Orders after approval of the GMP Change Order.. Part 2 – Component Change Orders
Appears in 1 contract
Samples: Design Build Contract
