Common use of Guaranteed Maximum Price Clause in Contracts

Guaranteed Maximum Price. The Owner will pay the CM/GC an amount established as the CM/GC’s Fee, plus the actual Construction Overhead Costs and the actual Cost of the Work as described herein, but not to exceed, in any event or for any reason, the Guaranteed Maximum Price.

Appears in 13 contracts

Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract

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Guaranteed Maximum Price. The Owner will pay the CM/GC an amount established as the CM/GC’s GC‟s Fee, plus the actual Construction Overhead Costs and the actual Cost of the Work as described herein, but not to exceed, in any event or for any reason, the Guaranteed Maximum Price.

Appears in 2 contracts

Samples: Construction Management Agreement, Construction Management Agreement

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