Department Acceptance of GMP Proposal. The Department and the Design-Builder shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by the Council for the District of Columbia (the “Council”) in the event it exceeds the previously approved not-to-exceed limit established in the Agreement by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Parties.
Appears in 5 contracts
Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement
Department Acceptance of GMP Proposal. The Department and the Design-Builder Contractor shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by the Council for the District of Columbia (the “Council”) in the event it exceeds the previously approved not-to-exceed limit established in the Agreement contract value by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Parties.
Appears in 5 contracts
Samples: Construction Management Agreement, Construction Management Agreement, Construction Management at Risk Services Agreement
Department Acceptance of GMP Proposal. The Department and the Design-Builder shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by the Council for the District of Columbia (the “Council”) in the event it exceeds the previously approved not-to-exceed limit established in the Agreement Target GMP by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Parties.
Appears in 3 contracts
Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement
Department Acceptance of GMP Proposal. The Department and the Design-Builder Construction Manager shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by the Council for the District of Columbia (the “Council”) in the event it exceeds the previously approved not-to-exceed limit established in the Agreement contract value by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Parties.
Appears in 2 contracts
Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement
Department Acceptance of GMP Proposal. The Department and the Design-Builder Construction Manager shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by the Council for the District of Columbia (the “Council”) in the event it exceeds the previously approved not-to-exceed limit established in the Agreement Project Budget by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Parties.
Appears in 2 contracts
Samples: Construction Management at Risk Agreement, Construction Management at Risk Agreement
Department Acceptance of GMP Proposal. The Department and the Design-Builder shall meet to negotiate the terms of the GMP Proposal. If the GMP Proposal is acceptable to the Department, the Department shall submit the resulting GMP Amendment for review and approval by amendment to the Council for the District of Columbia (the “Council”) ). The GMP shall be subject to review and approval by the Council for the District of Columbia in the event it exceeds the previously approved not-to-exceed limit established in the Agreement Contract value by more than $1 million. In such event, the GMP shall not be effective until so approved and executed by the Partiesapproved.
Appears in 1 contract
Samples: Design Build Agreement
