Responses to Review Comments. For resubmitted GMP Proposals, include all review comments provided by the Owner regarding the GMP or GMP re-submittal. For each submittal the Contractor shall provide a written response below each original comment, stating the appropriate response to the issue and include that documentation in this section. A re-submittal may not be forwarded to Owner without responses to the previous review comments and included under this TAB 10. Any proposed deviations from the provisions or processes described in the Agreement, contained in this Proposal, shall be approved in writing by the Associate Director of Project Management and included herein. ATTACHMENT 2 TO EXHIBIT D PAYMENT AND PERFORMANCE BONDS (Included herein by reference. Actual Bonds shall be drafted by Owner and executed after the execution of the GMP Proposal) EXHIBIT E SECURITY BOND Surety Bond No. STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF § That we, ______________________________________________________, as Principal, and , as Surety, are hereby held and firmly bound unto The Board of Regents of The University of Texas System as Obligee in the penal sum of Five Percent (5%) of ($ ), the Guaranteed Maximum Price (GMP) for the Project defined herein below, for payment whereof the said Principal and Surety bind themselves, their heirs, executors, administrators, and successors, jointly and severally, firmly by these presents.
Responses to Review Comments. For resubmitted GMP Proposals, include all review comments provided by the Owner regarding the GMP or GMP re-submittal. For each submittal the Contractor shall provide a written response below each original comment, stating the appropriate response to the issue and include that documentation in this section. A re-submittal may not be forwarded to Owner without responses to the previous review comments and included under this TAB 10. Any proposed deviations from the provisions or processes described in the Agreement, contained in this Proposal, shall be approved in writing by the Associate Director of Project Management and included herein. ATTACHMENT 2 TO EXHIBIT D PAYMENT AND PERFORMANCE BONDS EXHIBIT E SECURITY BOND Surety Bond No. STATE OF TEXAS § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF § That we, ______________________________________________________, as Principal, and , as Surety, are hereby held and firmly bound unto The Board of Regents of The University of Texas System as Obligee in the penal sum of Five Percent (5%) of ($ ), the Guaranteed Maximum Price (GMP) for the Project defined hereinbelow, for payment whereof the said Principal and Surety bind themselves, their heirs, executors, administrators, and successors, jointly and severally, firmly by these presents.
