Examples of General Conditions Cost in a sentence
These items shall be included in the General Conditions Cost amount shown as a line item in the Guaranteed Maximum Price Proposal and as detailed on the Schedule of Values.
Allowable General Conditions Cost items are generally identified below and in the Special Conditions, if any.
If the allowable, final, verified, audited amount of the cost of General Conditions, Cost of the Work, Allowance items and CM’s Contingency is less than the amount established for each of those categories in the originally approved Guaranteed Maximum Price Proposal, the entire difference shall be credited to the Owner as savings and the final contract amount shall be adjusted accordingly.
These items shall be included in the General Conditions Cost amount shown as a line item in the applicable GMP Proposal and as detailed on the Schedule of Values.
The actual General Conditions Cost shall be reconciled and set forth in Exhibit 2-R after the negotiation and bidding process set forth in Exhibit A.