Common use of GMP Amendments Clause in Contracts

GMP Amendments. Construction Manager will meet with Owner and Architect to review the GMP Proposal(s), promptly respond to requests for information and make appropriate adjustments. Upon acceptance by Owner of a GMP Proposal, as adjusted, Owner and Construction Manager will execute a GMP Amendment, the form of which is attached hereto as Exhibit C, to incorporate the guaranteed maximum price, documents and other details of the accepted GMP Proposal into the Contract. If the Project is delivered in phases or components, a GMP Amendment will be executed for each phase or component. The Project Issues Log shall include status entries for each GMP Proposal and GMP Amendment. Work. Construction Manager will perform the Work as defined by, and in accordance with the requirements of, the Contract Documents as amended by the GMP Amendment(s), and shall achieve Substantial Completion of the Work (or portions thereof) within the Contract Time(s) established by the GMP Amendment(s).