Common use of Maximum Contract Price Clause in Contracts

Maximum Contract Price. (MCP) is the amount the OWNER has agreed to pay the CM for the costs of the project subject to the terms of this Contract, including all construction costs, and all other projected costs including, the CM’s fees, the CM’s MCP contingency and the General Conditions Cost. The MCP will not include the CM’s Pre-Construction costs.

Maximum Contract Price. (MCP) is the amount the OWNER has agreed to pay the CM for the costs of the project subject to the terms of this Contract, including all construction costs, and all other projected costs including, the CM’s fees, the CM’s MCP contingency and the General Conditions Cost. The MCP will not include the CM’s Pre-Construction pre- construction costs.