Common use of No Allowances Permitted in GMP Clause in Contracts

No Allowances Permitted in GMP. While allowances may be utilized in the cost calculations for portions of the Project not yet fully designed during the Preconstruction Phase of this Agreement, the Design Builder shall not include any cash allowances in the GMP Change Order proposal. The Design Builder may include within the GMP Change Order proposal such assumptions deemed appropriate concerning costing issues used in developing the proposed GMP. The Design Builder acknowledges and agrees that the GMP includes sums for overhead and Design-Builder’s Fee on account of all assumptions. No demand for overhead and profit other than those included in the GMP shall be allowed.

No Allowances Permitted in GMP. While allowances may be utilized in the cost calculations for portions of the Project not yet fully designed during the Preconstruction Phase of this Agreement, the Design Design-Builder shall not include any cash allowances in the GMP Change Order proposal. The Design Design-Builder may include within the GMP Change Order proposal such assumptions deemed appropriate concerning costing issues used in developing the proposed GMP. The Design Design-Builder acknowledges and agrees that the GMP includes sums for overhead and Design-Builder’s Fee on account of all assumptions. No demand for overhead and profit other than those included in the GMP shall be allowed.