Guaranteed Maximum Price (GMP. Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of One Hundred Forty-Two Thousand, Three Hundred Fifty-Four Dollars and Ninety Cents ($142,354.90) for the identified Sub-Project.
Guaranteed Maximum Price (GMP. GMP shall mean the Guaranteed Maximum Price of the Contract, as stated in dollars within the GMP Amendment, as determined in accordance with Article 6, and as it may be adjusted from time to time pursuant to the provisions of this CM/GC Contract.
Guaranteed Maximum Price (GMP. The GMP is the maximum that the Owner shall pay the Contractor for the Work described in the contract documents.
Guaranteed Maximum Price (GMP. The total maximum cost to the County for the Work performed by the Design-Build Firm including the Design Phase Fee, the Construction Phase Fee, Profit, and the Direct Costs.
Guaranteed Maximum Price (GMP. The Construction Manager’s Guaranteed Maximum Price for the Work, including the Cost of the Work and the Construction Manager’s Fee is Dollars ($0.00). The Above GMP is for the .
Guaranteed Maximum Price (GMP. OPTION The sum of the Price of the Services and the Price of the Work are guaranteed by the Construction Manager not to exceed /100 dollars ($ ), subject to the adjustment as provided in GC 6.1 – OWNER’S RIGHT TO MAKE CHANGES, GC 6.2 – CHANGE ORDER or GC 6.3 – CHANGE DIRECTIVE. Any amount, consisting of the sum of the Price of the Services and the Price of the Work, in excess of this Guaranteed Maximum Price will be paid by the Construction Manager without reimbursement by the Owner.
Guaranteed Maximum Price (GMP. The maximum amount that Owner is obligated to pay CM/GC for construction of the Project under the GMP Change Order and includes all costs and fees to be paid to CM/GC in connection with the Work and the Project.
Guaranteed Maximum Price (GMP. The Guaranteed Maximum Price, also referred to as the GMP, is the sum total of the Cost of Construction Work, the CMR Contingency, the General Conditions Fee, the Insurance and Taxes Fee, and the Construction Manager at Risk’s Fee which the CMR agrees is the total compensation payable to the CMR for performing the Work. The GMP may be modified only by Change Order for work directed by the Owner which was not previously in the Project or not reasonably foreseeable as required to complete the Work.
Guaranteed Maximum Price (GMP. Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Dollars ($) for the identified Sub-Project.
Guaranteed Maximum Price (GMP. The Guaranteed Maximum Price, also referred to as the “GMP,” is the sum total of the “Cost of Construction Work,” the “CMR Contingency,” the “General Conditions Fee,” the “Insurance and Taxes Fee,” and the “Construction Manager at Risk’s Fee” which the CMR agrees is the total compensation payable to the CMR for performing the Work. The GMP may be modified only by Change Order for work directed by the Owner which was not previously in the Project Scope of Work or not reasonably foreseeable as required to complete the Work.
