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 CM/GC shall not include any cash allowances in the GMP Change Order proposal. The CM/GC may include within the GMP Change Order proposal such assumptions deemed appropriate concerning costing issues used in developing the proposed GMP. The CM/GC acknowledges and agrees that the GMP includes sums for overhead and CM/GC’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 CM/GC CMR shall not include any cash allowances in the GMP Change Order proposal. The CM/GC CMR may include within the GMP Change Order proposal such assumptions deemed appropriate concerning costing issues used in developing the proposed GMP. The CM/GC CMR acknowledges and agrees that the GMP includes sums for overhead and CM/GC’s CMR'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 CM/GC shall not include any cash allowances in the GMP Change Order proposal. The CM/GC may include within the GMP Change Order proposal such assumptions deemed appropriate concerning costing issues used in developing the proposed GMP. The CM/GC acknowledges and agrees that the GMP includes sums for overhead and CM/GC’s GC Fee on account of all assumptions. No demand for overhead and profit fee other than those included in the GMP shall be allowed.