Common use of GMP Clause in Contracts

GMP. The parties agree that the Guaranteed Maximum Price (“GMP”) for the Project is $570,935.90, consisting of the Estimated Cost of the Work, Contingencies, and Allowances, summarized as follows:. Estimated Cost of Work $380,353.74 Design-Builder’s Contingency $35,992.80 Contractor Fee (Design-Builder’s Percentage Fee) $54,125.05 Engineering Services for Construction $31,669.98 Owner Directed Allowances $68,794.33 GMP Total (Total of Above) $570,935.90

Appears in 2 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net

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GMP. The parties agree that the Guaranteed Maximum Price (“GMP”) for the Project is $570,935.90$ , consisting of the Estimated Cost of the Work, Contingencies, and Allowances, summarized as follows:. Estimated Cost of Work $380,353.74 Design-Builder’s Contingency $35,992.80 _ Contractor Fee (Design-Builder’s Percentage Fee) $54,125.05 Engineering Services for Construction $31,669.98 _ Owner Directed Allowances $68,794.33 _ Design-Builder’s Contingency $_ GMP Total (Total of Above) $570,935.90_

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

GMP. The parties agree that the Guaranteed Maximum Price (“GMP”) for the Project is $570,935.90$ , consisting of the Estimated Cost of the Work, Work and Contingencies, and Allowances, summarized as follows:. Preconstruction Fee $_ Construction Documents $_ Estimated Cost of Work (Est. COW) $380,353.74 Design-Builder’s Contingency $35,992.80 _ Contractor Fee (Design-Builder’s Percentage Fee) $54,125.05 Engineering Services for Construction $31,669.98 Owner Directed Allowances $68,794.33 _ GMP Total (Total of Above) $570,935.90_

Appears in 1 contract

Samples: Build Agreement

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GMP. The parties agree that the Guaranteed Maximum Price (“GMP”) for the Project is $570,935.90__, consisting of the Estimated Cost of the Work, Work and Contingencies, and Allowances, summarized as follows:. : Preconstruction Fee $0.00 Construction Documents $0.00 Estimated Cost of Work $380,353.74 Design-Builder’s Contingency $35,992.80 0.00 Contractor Fee (Design-Builder’s Percentage Fee) $54,125.05 Engineering Services for Construction $31,669.98 Owner Directed Allowances $68,794.33 0.00 GMP Total (Total of Above) $570,935.900.00

Appears in 1 contract

Samples: bend.granicus.com

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