Guaranteed Maximum Price or GMP Sample Clauses

Guaranteed Maximum Price or GMP. The maximum amount, including, but not limited to, the Preconstruction Fee, the Design-Build Fee and the Cost of the Work, that will be paid the Design-Builder to Fully Complete the Project. The GMP may be modified only by Change Order or Change Directive in accordance with the Agreement. The GMP shall be established in the GMP Amendment.
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Guaranteed Maximum Price or GMP. The maximum amount, including, but not limited to, the Design-Build Fee and the Cost of the Work, that will be paid the Design-Builder to Fully Complete the Project as set forth in Article
Guaranteed Maximum Price or GMP. The sum specified in Section 5.1, which shall be paid to Design-Builder in accordance with Article 6 and shall be complete compensation for all Work to be performed by Design-Builder under the Contract Documents, subject to increases or decreases by Change Order only as specifically provided in this Agreement.
Guaranteed Maximum Price or GMP. The amount agreed upon by City and XXXX as the maximum cost to City for the Work, including the Cost of the Work and the XXXX’x Fee for that Work.
Guaranteed Maximum Price or GMP. The Guaranteed Maximum Price of this Agreement, as stated in the GMP Amendment and determined under the provisions of Section 6.
Guaranteed Maximum Price or GMP. The GMP is the sum of the Cost of the Work, the CM General Conditions, the CM Contingency, and the CM Fee. The procedure for fixing the GMP shall be as set forth in this Agreement.
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Guaranteed Maximum Price or GMP. The price established as the maximum compensation to DBE for the design and construction of the Project. The GMP includes the Initial GMP and the Final GMP.
Guaranteed Maximum Price or GMP. The contract amount that the CM@R shall not exceed during the Construction Phase of the Project, as adjusted by approved change order. The CM@R does not guarantee that any Allowance Item will not change, but agrees that it alone will be responsible for paying all costs of completing the Work that exceed the GMP, as adjusted in accordance with the Contract Documents. The GMP is set forth in the Design Services Contract.
Guaranteed Maximum Price or GMP. The maximum price that the Judicial Council will pay CMR as payment for all Work of the Construction Phase of Project. The GMP is further described herein and in Exhibit B to the Agreement and includes only the sum of the following: 1.1.33.1. Direct Cost of the Work (See definition herein), including all Allowance(s) (if any);
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