The Guaranteed. Maximum Price Proposal shall allow for reasonably expected changes and refinements in the BIM Model, Drawings and Specifications through completion of the Construction Documents, except for material changes in scope.
The Guaranteed. Maximum Price includes a Contingency of
The Guaranteed. Maximum Price for the Project shall include a Construction Manager’s Construction Contingency in an amount to be approved in writing by the Owner. This is intended to cover some risks assumed by the Construction Manager in providing the Guaranteed Maximum Price.
The Guaranteed. Maximum Price shall be submitted to the Owner not more than 30 days after receipt of the Owner’s request
The Guaranteed. Maximum Price proposal may not be based in any part on any subcontract or material supply contract which would require the Owner to compensate the Construction Manager on other than a maximum price basis.
§ 2.2.4 In preparing the Construction Manager’s Guaranteed Maximum Price proposal, the Construction Manager shall include its contingency for the Construction Manager’s exclusive use to cover those costs considered reimbursable as the Cost of the Work but not included in a Change Order. The Guaranteed Maximum Price will contain a separately-identified contingency amount (the "Construction Contingency"). The Construction Contingency is not allocated to any particular item of the Cost of the Work and is established for the Construction Manager's use as may be required for costs incurred in the Work from unforeseeable causes, or details which could not have been anticipated by the Construction Manager at the time of the Owner's approval of the Guaranteed Maximum Price. Such unforeseeable causes or unanticipated details include, but are not limited to, refinement of details of design within the scope of standards, quality and quantities which are reasonably inferable from the Guaranteed Maximum Price documents, the correction of minor defects not relating to design, delays in receipt of materials, and additional costs relating to Subcontractor defaults not reimbursed by the Subcontractor's bonding company. The Construction Manager, with Owner's representative's written approval, may utilize the Construction Contingency for any of the above items within the Cost of the Work without the necessity of a Change Order, without constituting a Change in the Scope of the Work, and without resulting in any change in the Guaranteed Maximum Price. Any unforeseeable causes or unanticipated details which exceed the Construction Contingency shall be borne by the Construction Manager at the Construction Manager's sole risk. All savings will accrue and be available for use, only as detailed above, by the Construction Manager until the Construction Manager's final accounting. In the final accounting, all supporting documentation for all uses of the Construction Contingency shall be provided to Owner. Upon final accounting, all remaining monies in the Construction Contingency shall accrue to the Owner. The Guaranteed Maximum Price shall also include a separately-identified contingency amount, an "Owner's Contingency," which is defined as a contingency fund within the Guaranteed...
The Guaranteed. Maximum Price is based upon the following other documents and information:
ARTICLE A.4 CONSTRUCTION MANAGER’S CONSULTANTS, CONTRACTORS, DESIGN PROFESSIONALS, AND SUPPLIERS
4.1 The Construction Manager shall retain the consultants, contractors, design professionals, and suppliers, identified below:below, the cost of which are included in the Guaranteed Maximum Price:
The Guaranteed. Dividend is granted for the fiscal year 2013 of MAN if this Agreement becomes effective in the year 2013. The Recurring Compensation Payment is granted for the first time for the fiscal year of MAN for which the claim of Truck & Bus GmbH for transfer of profit under Clause 2 becomes effective.
The Guaranteed. Maximum Not-to-Exceed Compensation shall not be adjusted because of errors or omissions which are not the fault of the County in computing the Project costs which result in an increase in the cost of this Contract or because the time for completion varies from the original estimate, including
The Guaranteed. Maximum Not-to-Exceed Compensation shall not be adjusted because of errors or omissions which are not the fault of the County in computing the Project costs which result in an increase in the cost of this Contract or because the time for completion varies from the original estimate, including completion or substantial completion of this Contract prior to the scheduled or Contract completion date or on account of County’s election to furnish any of the Work or Services. In addition, Contractor shall certify that the original Contract Price or Guaranteed Maximum Not-to-Exceed Compensation for a Project and any additions thereto shall be adjusted to exclude any significant sums by which the County determines the Contract Price or Guaranteed Maximum Not-to-
The Guaranteed. Maximum Price Proposal for this Project when accepted by the City and executed by the parties in a form to be prepared by the Contractor and approved by the City;
