Pre-GMP Phase Work Sample Clauses
The Pre-GMP Phase Work clause defines the scope and terms under which work is performed before the Guaranteed Maximum Price (GMP) is established in a construction project. It typically outlines which activities, such as design development, site investigations, or procurement of long-lead items, are authorized to proceed prior to finalizing the GMP. This clause ensures that necessary preparatory work can begin without delay, while also clarifying the compensation and risk allocation for work completed before the main contract price is set, thereby facilitating project progress and reducing the risk of disputes over early-phase costs.
Pre-GMP Phase Work. This Phase includes:
3.1.1. Schematic Design Work
3.1.2. Design Development Work
Pre-GMP Phase Work. The Design Build Entity shall commence Pre-GMP Phase Work on the date specified in the Notice to Proceed for Pre-GMP Phase Work and fully complete the Pre-GMP Phase Work within [Insert Number of Days] Days (“Pre-GMP Phase Time”) and as set forth in the Contract Schedule.
Pre-GMP Phase Work. 9.5.3.1. Pre-GMP Design Reviews. Judicial Council shall provide timely review of Deliverables submitted during the Pre-GMP Phase Work as specified in the Design Review Table provided for reference by the Judicial Council.
Pre-GMP Phase Work. Dollars ($[Insert Amount]) by Phase, as set forth below (the Dollars ($[Insert Amount])
Pre-GMP Phase Work. Design Build Entity shall pay Dollars ($[Insert
Pre-GMP Phase Work. Design Build Entity shall pay Dollars ($[Insert Amount]) per Day as Liquidated Damages for each Day’s delay beyond the Pre-GMP Phase Time.