Construction GMP definition

Construction GMP means the maximum amount for which all Work required for each Construction Phase, excepting LLTP, shall be accomplished (including the CM/GC Management Price Percentage) and it shall be computed by the Contractor in accordance with the provisions of Section 9.5.
Sample 1

Examples of Construction GMP in a sentence

  • Refer to Task 12 herein for further information regarding the Construction GMP bid and the fixed price bid.

  • The Construction Manager shall provide a finalized construction schedule with its Construction GMP bid or fixed price bid, which will be part of the Construction Contract and adhered to by the Construction Manager for the duration of the construction phase.

  • The Construction Manager shall also submit, at the time of the Construction GMP bid or fixed price bid, a report that summarizes both the innovations considered and the innovations implemented.

  • The Construction Manager shall also submit, at the time of the Construction GMP bid or fixed price bid, a report that summarizes the decisions for risk elimination or reduction and associated value of each decision in terms of cost and savings in direct relationship with its bid.

  • Refer to Task 11 herein for further information regarding the Construction GMP bid and the fixed price bid.

  • Baltimore City Public Schools - James Mosher Elementary School Guaranteed Maximum Price (GMP) #1 Contract ID: BCS-02-011-GMP Recommendation: Award Dustin Construction GMP Bid Package 1 in the amount of$ 3,630,204.71.

  • A five percent (5%) retainage (“ retainage”) will be retained on the gross billings (Line Item #4 on AIA G702) under the Construction GMP portion of this Agreement certified by the Architect and due to the Design-Builder.

  • Excepting only amendments to the Agreement, only complete Construction Phase Change Orders executed by the Department shall change the Total Construction GMP, adjust any Pricing Package GMP, or extend any Completion Deadline.

  • Because a function follows a rule, patterns determined by that rule are almost always visible in the table or graph.

  • Petriello, Esq., (legal representative), OMLAND Engineering, Inc., (Engineer), BurgisAssociaties, Inc., (Planner), Jerry Nardella & Paul Martinelli (Project Managers), Alberto & Associates, Inc., (architects), SESI Consulting Engineers (geotechnical engineering), Parker McCay (COAH Counsel), and the following contractors: Lakeside Construction, GMP Contracting, Petillo, Incorporated.

Related to Construction GMP

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Construction Work means any work in connection with⎯

  • Construction Works means all works and things necessary to complete the Project in accordance with this Agreement;

  • construction site means a workplace where construction work is being performed;

  • Constructional Plant means all appliances or things whatever nature required in or about the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work or temporary housing, hutting, office, stores, etc.,

  • Construction waste means solid waste which is produced or generated during construction, remodeling, or repair of pavements, houses, commercial buildings, and other structures. Construction wastes include, but are not limited to lumber, wire, sheetrock, broken brick, shingles, glass, pipes, concrete, paving materials, and metal and plastics if the metal or plastics are a part of the materials of construction or empty containers for such materials. Paints, coatings, solvents, asbestos, any liquid, compressed gases or semi-liquids and garbage are not construction wastes.

  • Construction Completion means physical construction of a cleanup action component is complete.

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.

  • Constructional Plan means all appliances or things of whatsoever nature required for the execution, completion or maintenance of the works or temporary works (as hereinafter defined) but does not include materials or other things intended to form or forming part of the permanent work.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Construction Activities means the disturbance of soils associated with clearing, grading, excavation activities or other construction-related activities.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.

  • construction work permit means a document issued in terms of regulation 3; "contractor" means an employer who performs construction work;

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Plans and Specifications means the plans, drawings and specifications reasonably necessary to properly assess and review proposed Work prior to issuance of any approval that may be required under this Agreement;

  • Construction Party means a party to a Construction Service Agreement. “Construction Parties” shall mean all of the Parties to a Construction Service Agreement.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Construction means any physical change or change in the method of operation (including fabrication, erection, installation, demolition, or modification of an emissions unit) which would result in a change in actual emissions.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of