GUARANTEED MAXIMUM PRICE PROPOSAL. CM/GC shall propose a Guaranteed Maximum Price (GMP) Change Order which, if accepted, shall set the maximum Contract Sum and shall include all Work required for construction of the Project in accordance with the all previously issued Construction Documents and Component Construction Documents and the assumptions stated in the GMP Change Order. Upon execution, the proposed GMP Change Order will become a part of the Contract Documents.
Appears in 3 contracts
Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement
GUARANTEED MAXIMUM PRICE PROPOSAL. The CM/GC shall propose a Guaranteed Maximum Price (GMP) Change Order which, if accepted, shall set the maximum Contract Sum and shall include in his proposal all Work services, equipment, labor, and materials required for construction of by the Project in accordance with the all previously issued Construction Documents and Component Construction Documents and the assumptions stated in Contract Documents. Upon approval, the GMP Change Order. Upon execution, including the proposed GMP Change Order CM/GC‟s proposal, will become a part of the Contract Documents.
Appears in 2 contracts
Samples: Construction Management Agreement, Construction Management Agreement
GUARANTEED MAXIMUM PRICE PROPOSAL. CM/GC shall propose a Guaranteed Maximum Price (GMP) Change Order which, if accepted, shall set the maximum Contract Sum and shall include all Work required for construction of the entire Project in accordance with the all previously issued Construction Documents and Component Construction Documents and the assumptions stated in the GMP Change Order. Upon execution, the proposed GMP Change Order will become a part of the Contract Documents.
Appears in 2 contracts
Samples: Construction Management Contract, Construction Management Agreement
