Common use of GMP Clause in Contracts

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Fee, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % of Est. COW): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs for General Conditions Work, and the costs of all components and systems required for a complete, fully functional facility.

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Fee, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % of Est. COW): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs the Cost for General Conditions GC Work, and the costs of all components and systems required for a complete, fully functional facility.

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Fee, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % of Est. COW): $ SAMPLE For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs for General Conditions Work, and the costs of all components and systems required for a complete, fully functional facility.

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction FeePre-construction Costs, the Estimated Cost of the Work and (stated as a dollar lump sum amount), the CM/GC Fee (stated as a fixed dollar lump sum amount), costs for applicable bonds and insurance, and an estimated Risk/Contingency amount, as follows: CM/GC Fee ( % of Est. COW): $ For purposes of determining the GMP, the Estimated Bonds and Insurance $ Risk/Contingency (Not in COW) $ The Cost of the Work includes the risks allocated to the CM/GC’s Contingency, GC and costs for General Conditions Work, and incurred by the costs CM/GC in the construction of all components and systems required for a complete, fully functional facilitythe Project.

GMP. The parties Parties agree that the GMP for the Project is $ , consisting of the Preconstruction FeeServices, Early Work (if any), the Estimated Cost of the Work Work, Insurance and Bonding Cost, and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % of Est. COW): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs for General Conditions Work, and the costs of all components and systems required for a complete, fully functional facility.:

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Feethe, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % of Est. COW): $ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs the Fixed Cost for General Conditions GC Work, and the costs of all components and systems required for a complete, fully functional facility.

GMP. The parties agree that the GMP for the Project is $ , consisting of the Preconstruction Feethe, the Estimated Cost of the Work and the CM/GC Fee (stated as a fixed dollar lump sum amount), as follows: CM/GC Fee ( % Estimated Cost of Work (Est. COW): $ _ GMP (Total of above categories): $ _ For purposes of determining the GMP, the Estimated Cost of the Work includes the CM/GC’s Contingency, costs the Fixed Cost for General Conditions GC Work, and the costs of all components and systems required for a complete, fully functional facility.