Adjustments In Contingency Contained Within GMP Sample Clauses

Adjustments In Contingency Contained Within GMP. When the Project is bid and 100% of the trade subcontracts have been executed, the contingency within the GMP may be decreased in proportion to the percent of the Work completed. In other words, if 10% of the Work has been completed and the Owner requests that the contingency within the GMP be adjusted, then 10% of the contingency within the GMP will be removed from the GMP by change order, unless Construction Manager shows good cause not to do so.
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