Provision for Further Development of the Contract Documents. Because the Contract Documents may not be finished at the time the Guaranteed Maximum Price proposal is prepared, the CM/GC shall provide within the Guaranteed Maximum Price and its Construction Contingency an amount for further development of the Contract Documents. Inclusion of Contingency Amounts in GMP. A Part of the Cost of the Work. The estimated Cost of the Work shall include in the Construction Contingency sums established by the CM/GC for the CM/GC's use to cover costs arising under Articles 1.5.6 et seq. and other costs which are properly reimbursable as Cost of the Work but not the basis for a Change Order.
Appears in 10 contracts
Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement
