GMP Amendment definition

GMP Amendment means an amendment to this Agreement, signed by Owner and Construction Manager, determined in accordance with Article 5, issued in the form of Exhibit D, establishing Construction Manager’s GMP and GMP Qualifications and Assumptions, for each Deliverable Portion of Work.

GMP Amendment means an Amendment to the Contract, issued in the form of Exhibit B and executed by and between the parties, to establish the GMP and identify the GMP Supporting Documents for Construction Phase Services.

GMP Amendment shall have the same meaning as in the Agreement.

Examples of GMP Amendment in a sentence

• If so, this section, and all related sections will be deleted or amended as instructed in Section 8.8. Final evaluation of General Conditions Work will be done as part of the GMP Amendment, defined in Section 1.20.

• The GMP Supporting Documents means the documents referenced in the GMP Amendment as the basis for establishing the GMP and that expressly identify the plans and specifications, assumptions, qualifications, exclusions, conditions, allowances, unit prices, and alternatives that form the basis for the GMP.

• Construction Phase means the period that begins when Owner executes a GMP Amendment or Early Work Amendment, together with theearlier of (i) issuance by Owner of a Notice to Proceed with any on-site construction or (ii) execution of a subcontract or issuance of a purchase order for materials or equipment required for theWork.

• Except to the extent the parties may expressly agree to the contrary in the GMP Amendment, no Preconstruction Fee or other fee, compensation or’reimbursementshall be payable to the CM/GC with respect to Preconstruction Services performed after execution of the GMP Amendment.

• The GMP Amendment means an Amendment to the Contract, issued in the form of Exhibit B and executed by and between the parties, to establish the GMP and identify the GMP Supporting Documents for Construction Phase Services.

More Definitions of GMP Amendment

GMP Amendment means an amendment to the Design-Build Agreement, in the form of Amendment No. 1, to establish and memorialize the final guaranteed maximum price as part of the Design-Build Agreement executed on [ ].

GMP Amendment means the GMP Proposal, as may be amended and accepted by the City, at its sole discretion, which amendment shall automatically become incorporated herein upon the City and the Construction Manager’s execution of same, and shall establish, among other things, the GMP, the names of the Construction Manager’s on-site management and supervisory personnel for the Project, and the Agreement Time for the Construction Work.

GMP Amendment means the document based on the GMP Proposal and signed by CMR and TFC that establishes (i) the Guaranteed Maximum Price and its basis and (ii) all other requirements set forth in Section 5.3

GMP Amendment. GMP Submittal accepted by the Director and approved by City Council.

GMP Amendment means an amendment to this Contract that establishes the Guaranteed Maximum Price as described in Section 2.1.14 hereof for the Project; the GMP Amendment may be issued as a Work Order or an Amendment depending on the value thereof.

GMP Amendment as used herein means a GMP Proposal for any Project, accepted by the Owner, in its sole discretion, in the form attached hereto as Exhibit “C,” which Amendment shall automatically become a part hereof upon the Owner’s and Construction Manager’s execution, and shall establish the Project GMP, the names of the Construction Manager’s on site management and supervisory personnel for the Project, and the contract time and liquidated damages for such Project.

GMP Amendment means the amendment to the Construction Contract establishing the Final GMP.