{"component": "definition", "props": {"groups": [{"size": 36, "snippet": "means the maximum allowable construction cost, which is the total sum available for construction purposes, including furnishings and equipment, but excluding professional fees, owner\u2019s contingency funds, acquisition costs, and other costs which are the responsibility of the Owner.", "snippet_links": [{"key": "maximum-allowable-construction-cost", "type": "definition", "offset": [10, 45]}, {"key": "total-sum", "type": "definition", "offset": [60, 69]}, {"key": "construction-purposes", "type": "definition", "offset": [84, 105]}, {"key": "furnishings-and-equipment", "type": "definition", "offset": [117, 142]}, {"key": "but-excluding", "type": "clause", "offset": [144, 157]}, {"key": "professional-fees", "type": "definition", "offset": [158, 175]}, {"key": "contingency-funds", "type": "clause", "offset": [185, 202]}, {"key": "acquisition-costs", "type": "clause", "offset": [204, 221]}, {"key": "other-costs", 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exceed the <strong>MACC</strong>.", "This is to certify that the student named above is a degree-seeking student at <strong>MACC</strong>.", "<strong>MACC</strong> Adjustment is defined as a change in the <strong>MACC</strong> which occurs after award of the Agreement Between the Owner and the Construction Manager at Risk but before the execution of the GMP Amendment in accordance with Article 7.1 of this Agreement.", "In the event the lowest responsive bid submitted by a responsible bidder satisfactory to Owner for the construction of the Project pursuant to the approved Drawings and Specifications for the Project exceeds the <strong>MACC</strong>, then Architect will, at its sole cost and expense, revise Drawings and Specifications as may be required by Owner to reduce or modify the quality or quantity, or both, of the Work so that the total construction cost of the Project will not exceed the <strong>MACC</strong>.", "Construction Manager at Risk verified the project 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