Common use of Time and Material Contracts Clause in Contracts

Time and Material Contracts. To the extent this contract includes work that is paid on a time and material basis, such work must have a guaranteed maximum price (GMP). The GMP is set forth in the body of this contract. The GMP constitutes a ceiling price that Contractor exceeds at its own risk.

Appears in 13 contracts

Samples: Grant Agreement, sf.gov, sfgov.org

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