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 shall have the same meaning as in the Agreement.

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.

Examples of GMP Amendment in a sentence

• GMP Supporting Documents shall mean the documents referenced in the GMP Amendment as the basis for establishing the GMP.

• For CM AT RISK projects (bid pursuant to G.L. c.149A), the earlier of: (a) the execution date of the GMP Amendment, or (b) the bid for the first construction scope of work must be within 90-days of the wage schedule issuance date.• The wage schedule shall be incorporated in any advertisement or call for bids for the project as required by M.G.L. c.

• Upon acceptance of the GMP by Owner, the parties shall execute a GMP Amendment.

• For multi-year CM AT RISK projects, awarding authority must request an annual update no later than two weeks before the anniversary date, determined as the earlier of: (a) the execution date of the GMP Amendment, or (b) the execution date of the first amendment to permit procurement of construction services.

• Unless and until the GMP Amendment is executed and approved by the Council for the District of Columbia, this Agreement shall have an initial not-to-exceed amount as set forth in the Project Information Section of this Agreement (the “Initial NTE”).

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

GMP Amendment. GMP Amendment shall mean that certain GMP Amendment which shall automatically become a part hereof upon Owner’s and Construction Manager’s execution of same, and shall establish, among other things, the GMP, the Contract Time for the Project, and shall incorporate the Drawings, Specifications, the Schedule of Values, and the Construction Manager’s qualifications, exclusions, and allowances, if any. GMP Proposal – GMP Proposal shall mean a proposal for completing the Project, which Proposal shall include the proposed Guaranteed Maximum Price for the construction of the Project which is consistent with the Estimate and the Contract Documents. Master Project Schedule – Master Project Schedule shall be a written schedule prepared by Construction Manager and approved by the Owner.

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 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.