Guaranteed Maximum Price Exhibit Sample Clauses

Guaranteed Maximum Price Exhibit. The PMT will agree when the Project Performance Criteria, Project Definition, and Design has developed enough for the Design-Builder to submit a Cost-plus-fee for a Guaranteed Maximum Price Exhibit which shall include the following unless the parties mutually agree otherwise: 2.5.1 a proposed guaranteed maximum price (“GMP”) for the design and construction of the Project; 2.5.2 a schedule and date of Substantial Completion of the Project upon which the GMP for the Project is based; and 2.5.3 all other information necessary for the parties to enter into Agreement Between Owner and Design-Builder for the GMP.