Common use of Details and Effect of the GMP Cost Limitation Clause in Contracts

Details and Effect of the GMP Cost Limitation. (a) The Design Professional recognizes and agrees that he will design this Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 27 contracts

Samples: Design Build Contract, www.usg.edu, www.usg.edu

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Details and Effect of the GMP Cost Limitation. (a) The Design Professional Builder recognizes and agrees that he will design this Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 8 contracts

Samples: Design Build Contract, Design Build Contract, Design Build Contract

Details and Effect of the GMP Cost Limitation. (a) The Design-Builder recognizes that the Design Professional recognizes and agrees that he will Builder is required to design this the Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 8 contracts

Samples: Design Build Contract, Design Build Contract, Design Build Contract

Details and Effect of the GMP Cost Limitation. (a) The Design-Builder recognizes that the Design Professional recognizes and agrees that he will is required to design this the Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 5 contracts

Samples: Design Build Contract, Design Build Contract, Design Build Contract

Details and Effect of the GMP Cost Limitation. (a) The CM/GC recognizes that the Design Professional recognizes and agrees that he will is required to design this the Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 3 contracts

Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement

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Details and Effect of the GMP Cost Limitation. (a) The CM/GC recognizes that the Design Professional recognizes and agrees that he will is required to design this the Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 3 contracts

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

Details and Effect of the GMP Cost Limitation. (a) The Design-Builder recognizes that its Design Professional recognizes and agrees that he will is required to design this the Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 2 contracts

Samples: gsfic.georgia.gov, Construction Contract

Details and Effect of the GMP Cost Limitation. (a) The Design Professional Design-Builder recognizes and agrees that he its Design Professional will design this Project such that the initial Guaranteed Maximum Price will not exceed the GMP Cost Limitation.

Appears in 2 contracts

Samples: gsfic.georgia.gov, Construction Contract

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