Modification of GMP. Whenever this Contract authorizes an increase or decrease in the GMP, the increase or decrease shall operate to increase or decrease the Estimated Cost Component and Fee Component of the GMP Change Order. The Guaranteed Maximum Price shall be subject to additions and deductions by Change Order.
Appears in 18 contracts
Samples: Design Build Contract, Design Build Contract, Design Build Contract
Modification of GMP. Whenever this Contract authorizes an increase or decrease in the GMP, the increase or decrease shall operate to increase or decrease the Estimated Cost Component and Fee Component of the GMP Change Order. The Guaranteed Maximum Price shall be subject to additions and deductions by Change Order. Replacement of GMP with Lump Sum Price.
Appears in 9 contracts
Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract
