Examples of GMP in a sentence
District shall pay the GMP to Contractor in the form of Tenant Improvement Payments and Sublease Payments as indicated herein.
Project’s Contingency will not be used for changes in scope or for any item that would be the basis for an increase in the GMP.
The GMP proposal will contain, as part of the estimated cost of the Work, Project’s Contingency, a sum mutually agreed upon, controlled by District, and monitored by District and Developer to cover costs that are properly reimbursable as a cost of the Work, but are not the basis for a Change Order.
By definition, all services provided after the execution of the GMP Change Order are Construction Phase Services and are included in the GMP.
Except as indicated herein for modifications to the Project set forth herein or in Section 4 of the Construction Services Agreement, Contractor will not seek additional compensation from District in excess of the GMP.