Common use of Revision or Redrafting of Construction Documents After Receipt of the Proposed GMP Clause in Contracts

Revision or Redrafting of Construction Documents After Receipt of the Proposed GMP. (a) If the GMP Cost Limitation is exceeded by the CM/GC’s proposed GMP, the Owner may. i. Approve an increase in the GMP Cost Limitation; or ii. Require the Design Professional, without additional compensation, to revise the Construction Documents to reduce the Cost of the Work to the original GMP Cost Limitation, with the Owner reducing the CM/GC non-construction services to reduce the GMP to the GMP Cost Limitation. (b) If the CM/GC’s proposed GMP is more than 5% but not less than $200,000 below the GMP Cost Limitation, and if the Design Professional under Subparagraph 2.1.