Common use of Rejection of GMP Proposal Clause in Contracts

Rejection of GMP Proposal. If the Owner rejects the Design-Builder's proposed GMP Change Order, Design-Builder may, but shall not be obligated to, revise and resubmit same. In the event no GMP Change Order can be agreed upon, Design-Builder shall continue its performance under any Component Change Orders then outstanding and with the performance of any other services required under this Contract until such time that a GMP Change Order is approved or either party elects to terminate this Contract.