Guaranteed Maximum Price (GMP. OPTION The sum of the Price of the Services and the Price of the Work are guaranteed by the Construction Manager not to exceed /100 dollars ($ ), subject to the adjustment as provided in GC 6.1 – OWNER’S RIGHT TO MAKE CHANGES, GC 6.2 – CHANGE ORDER or GC 6.3 – CHANGE DIRECTIVE. Any amount, consisting of the sum of the Price of the Services and the Price of the Work, in excess of this Guaranteed Maximum Price will be paid by the Construction Manager without reimbursement by the Owner.
Appears in 4 contracts
Samples: Appendix Stipulated Price Option, Appendix Stipulated Price Option, Appendix Stipulated Price Option
Guaranteed Maximum Price (GMP. OPTION The sum of the Price of the Services and the Price of the Work are guaranteed by the Construction Manager not to exceed /100 dollars ($ ), subject to the adjustment as provided in GC 6.1 – OWNER’S OWNERS RIGHT TO MAKE CHANGES, GC 6.2 – CHANGE ORDER or GC 6.3 – CHANGE DIRECTIVE. Any amount, consisting of the sum of the Price of the Services and the Price of the Work, in excess of this Guaranteed Maximum Price will be paid by the Construction Manager without reimbursement by the Owner.
Appears in 1 contract
Samples: Appendix Stipulated Price Option
