Common use of Provision for Further Development of the Contract Documents Clause in Contracts

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 9 contracts

Samples: Construction Management Contract, Construction Management Contract, Construction Management Contract

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