Construction Proposal and GMP Negotiations Sample Clauses

Construction Proposal and GMP Negotiations. Complete constructability, cost, and schedule reviews to develop a proposal based upon GMP Set PS&E documents, typically assumed to be at an approximate 65% completion level. Complete risk reviews and provide a list of assumptions and clarifications made to inform the GMP development. Develop a list of contingency items and costs for discussion with the City and OR. When necessary, advertise subcontracted work based upon the GMP Set PS&E documents for bidding. Provide subcontractor bidders clarifications through the bidding process. Provide and document the selection process and include in the GMP proposal. Conduct a pre-bid meeting/site visit with interested subcontractors. GMP review meetings will include the City, PDB team, and OR to review the GMP proposal, costs, assumptions, clarifications, and contingencies. The PDB team will provide the City and OR with an open book costing analysis. Attend and participate in the following meetings: • GMP Negotiation Kickoff – Meeting will be held before beginning cost estimating to allow the PDB team and ICE to discuss estimating approach, identify self-perform bid items vs. competitive bid items, material sources and haul routes, assumptions, anticipated allowance and contingencies, etc. • GMP Pricing Meeting #1 – Meeting will be held once draft cost estimates have been prepared by the PDB team and ICE to review overall pricing, identify items with significant cost differences, and review/discuss the approach and assumptions identified in the GMP Negotiation Kickoff meeting. • GMP Pricing Meeting #2 – Meeting will be held after draft cost estimates have been revised and updated following the GMP Pricing Meeting #1. The goal of this meeting is to identify remaining changes needed to reach an agreeable GMP price. Follow up phone calls, emails, or virtually meetings may be held if needed. Assumptions • GMP Negotiation Kickoff – one (1) per GMP o Meeting will last for a duration of two (2) hours and be attended by up to seven (7) members of the PDB team o Meeting will be held in-person at XXXX’x office o OR will prepare meeting agenda and minutes • GMP Pricing Meetings – two (2) per GMP o Meetings will last for a duration of four (4) hours and be attended by up to seven (7) members of the PDB team o Meeting will be held in-person at XXXX’x office o OR will prepare meeting agenda and minutes Deliverables & Schedule • Subcontractor procurement plan, including bid package break-out, bid package estimated value, advertis...
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Related to Construction Proposal and GMP Negotiations

  • Dispute Resolution All or any disputes arising out or touching upon or in relation to the terms and conditions of this Agreement, including the interpretation and validity of the terms thereof and the respective rights and obligations of the Parties, shall be settled amicably by mutual discussion, failing which the same shall be settled through the adjudicating officer appointed under the Act.

  • Amendments This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • NOW, THEREFORE the parties hereto agree as follows:

  • Definitions For purposes of this Agreement:

  • Amendment This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Force Majeure If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and full particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon, and the obligation of the party giving such notice, so far as it is affected by such Force Majeure, shall be suspended during the continuance of the inability then claimed, except as hereinafter provided, but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. Choice of Law The Agreement between the Vendor and TIPS/ESC Region 8 and any addenda or other additions resulting from this procurement process, however described, shall be governed by, construed and enforced in accordance with the laws of the State of Texas, regardless of any conflict of laws principles. Venue, Jurisdiction and Service of Process Any Proceeding arising out of or relating to this procurement process or any contract issued by TIPS resulting from or any contemplated transaction shall be brought in a court of competent jurisdiction in Camp County, Texas and each of the parties irrevocably submits to the exclusive jurisdiction of said court in any such proceeding, waives any objection it may now or hereafter have to venue or to convenience of forum, agrees that all claims in respect of the Proceeding shall be heard and determined only in any such court, and agrees not to bring any proceeding arising out of or relating to this procurement process or any contract resulting from or any contemplated transaction in any other court. The parties agree that either or both of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and freely bargained for agreement between the parties irrevocably to waive any objections to venue or to convenience of forum. Process in any Proceeding referred to in the first sentence of this Section may be served on any party anywhere in the world. Venue for any dispute resolution process, other than litigation, between TIPS and the Vendor shall be located in Camp or Xxxxx County, Texas.

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

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