Common use of Guaranteed Maximum Price Proposal and Contract Time Clause in Contracts

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 At a time to be mutually agreed upon by County and XXXX and in consultation with A/E, XXXX shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of XXXX'x estimate of the Cost of the Work, XXXX’x Fee, and Owner’s Contingency. 2.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, XXXX shall provide in the GMP for such further development 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. 2.2.3 XXXX shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by XXXX in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and XXXX'x Fee;

Appears in 2 contracts

Samples: Construction Manager at Risk Agreement, Contract for Construction Manager at Risk

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Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 7.2.1 At a time to be mutually agreed upon by County and XXXX and in consultation with A/E, XXXX shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of XXXX'x estimate of the Cost of the Work, XXXX’x Fee, and Owner’s Contingency. 2.2.2 7.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, XXXX shall provide in the GMP for such further development 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. 2.2.3 7.2.3 XXXX shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by XXXX in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.27.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and XXXX'x Fee;

Appears in 1 contract

Samples: Construction Manager at Risk Contract

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 At a time to be mutually agreed upon by County and XXXX and in consultation with A/E, XXXX shall prepare a GMP proposal for County's Countyʹs review and acceptance. The GMP in the proposal shall be the sum of XXXX'x CMARʹs estimate of the Cost of the Work, XXXX’x Fee, and Owner’s Contingency. 2.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, XXXX shall provide in the GMP for such further development 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. 2.2.3 XXXX shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by XXXX in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and XXXX'x CMARʹs Fee;

Appears in 1 contract

Samples: Construction Manager at Risk Agreement

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Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 7.2.1 At a time to be mutually agreed upon by County and XXXX CMAR and in consultation with A/E, XXXX CMAR shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of XXXX'x estimate of the Cost of the Work, XXXX’x Fee, and Owner’s Contingency. 2.2.2 7.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, XXXX CMAR shall provide in the GMP for such further development 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. 2.2.3 XXXX 7.2.3 CMAR shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by XXXX CMAR in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.27.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and XXXX'x Fee;

Appears in 1 contract

Samples: Construction Manager at Risk Contract

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