Determination of GMP Sample Clauses

Determination of GMP. 6.4.1 CM/GC shall deliver to Owner a proposed GMP and GMP Supporting Documents at a time designated by Owner during the Preconstruction Phase. If any actual subcontract Offers are available at the time the GMP is being established, CM/GC shall use those subcontract Offers in establishing the GMP. 6.4.2 As the Plans and Specifications may not be developed to the stage of biddable design documents at the time the GMP proposal is prepared, the CM/GC shall provide in the GMP for further development of the Plans and Specifications by the Architect that is consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order or Amendment with a corresponding GMP adjustment. 6.4.3 The CM/GC shall include with its GMP proposal a written statement of its basis (the "GMP Supporting Documents"), which shall include: (a) A list of the Plans and Specifications, including all addenda thereto and the conditions of the Contract, which were used in preparation of the GMP proposal. (b) A list of allowances and a statement of their basis. (c) A list of the clarifications and assumptions made by the CM/GC in the preparation of the GMP proposal to supplement the information contained in the Plans and Specifications. (d) The proposed GMP, including a statement of the estimated cost organized by trade categories, allowances, contingency, and other items and the associated fees that comprise the GMP. (e) The Date of Substantial Completion upon which the proposed GMP is based, and a schedule of the Construction Documents issuance dates upon which the date of Substantial Completion is based. 6.4.4 The CM/GC shall meet with the Owner and Architect to review the GMP proposal and the written statement of its basis. If the Owner or Architect discovers any inconsistencies or inaccuracies in the information presented, they shall promptly notify the CM/GC, who shall make appropriate adjustments to the GMP proposal, its basis or both. 6.4.5 Prior to the Owner's acceptance of the CM/GC's GMP proposal and issuance of a Notice to Proceed, the CM/GC shall not incur any cost to be reimbursed as part of the Cost of the Work, except as specifically provided in an Early Work Amendment. 6.4.6 The Owner shall authorize and cause the Architect to revise the Plans and Specifications to the extent...
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Determination of GMP. 6.4.1 The CM/GC shall deliver to the Department a proposed GMP and GMP Supporting Documents at any of the milestones identified in Section 4 of the RFP for this Project. If any subcontracts are in effect at the time the GMP is being established, the CM/GC shall use those subcontracts in establishing the GMP. The proposed GMP shall be submitted as provided in Appendix B of the Request for Proposals (RFP) for this Project. 6.4.2 As the Plans and Specifications may not be developed to completion at the time the GMP proposal is prepared, the CM/GC shall include in the GMP all remaining Pre- construction Phase Services Work and associated costs required for final development of the Plans and Specifications by the Design Consultant that is consistent with the Contract Documents and reasonably inferable therefrom. Such final development does not include such things as changes in work scope, kinds and quality of materials or equipment, all of which, if required, shall be incorporated by Change Order or Amendment with a corresponding GMP adjustment. 6.4.3 The CM/GC shall include with its GMP proposal a written statement of its basis in the GMP Supporting Documents, which shall include: 1. A list of the plans and specifications, including all addenda thereto, and the conditions of the Contract, which were used in preparation of the GMP proposal; 2. A list of the clarifications and assumptions made by the CM/GC in the preparation of the GMP proposal to supplement the information contained in the plans and specifications;
Determination of GMP. 6.4.1 Contractor shall deliver to Owner a proposed GMP and GMP Supporting Documents at a time designated by Owner during the Preconstruction Phase. If any actual subcontract Offers (as defined in Article 3.1.6[a]) are available at the time the GMP is being established, Contractor shall use those subcontract Offers in establishing the GMP. 6.4.2 As the Plans and Specifications (as defined in Section A.1 of the General Conditions) may not be developed to the stage of biddable design documents at the time the GMP proposal is prepared, Contractor shall provide in the GMP for further development of the Plans and Specifications by the Architect that is consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order or Amendment with a corresponding GMP adjustment. 6.4.3 Contractor shall include with the GMP proposal a written statement of its basis (the “GMP Supporting Documents”), which shall include: A list of the Plans and Specifications, including all addenda thereto, and the General Conditions of the Contract, which were used in preparation of the GMP proposal.
Determination of GMP. The GMP shall be proposed at a time designated by Owner during the construction document phase of the project. The GMP will be based on incomplete design documents. The CM/GC shall work with the Architect and Owner to identify and confirm components and systems not specifically shown but required for a complete, fully functional project. Owner will direct the Architect to complete the final construction documents in accordance with the project scope agreed upon by all parties at the time the GMP is established. 5.2.1 Notwithstanding the level of detail represented in the GMP supporting design documents, the CM/GC shall represent and warrant, at the time that it submits the GMP, that the GMP includes the entire cost of all components and systems required for a complete, fully functional facility. 5.2.2 In developing the GMP, the CM/GC shall include and identify such contingencies within the GMP as may be necessary to pay for unforeseen elements that are required for a complete, fully functional facility.
Determination of GMP 

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  • Determination of Values The Borrower will conduct reviews of the value to be assigned to each of its Portfolio Investments as follows:

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