GMP Exhibit definition

GMP Exhibit means that exhibit attached to the Agreement Between Owner and Design-Builder – Cost Plus Fee With an Option for a Guaranteed Maximum Price, which exhibit will have been agreed upon by Owner and Design-Builder prior to the execution of the Agreement.
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GMP Exhibit means that exhibit attached to DBIA Document No. 545, Progressive Design- Build Agreement for Water and Wastewater Projects (2016 Edition), which exhibit will have been agreed upon by Owner and Design-Builder prior to the execution of the Agreement. Guaranteed Maximum Price or GMP is a total not-to-exceed amount offered and guaranteed by the Design- Builder for complete performance of the Work of the Contract.
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Examples of GMP Exhibit in a sentence

  • The Project consists of planning, design, permitting, construction, code inspection and final inspections necessary to build the component parts of the project which shall be identified in the GMP (Exhibit B).

  • In the event inconsistencies, conflicts, or ambiguities between or among the Contract Documents are discovered after execution of the Agreement, or after execution of the GMP Exhibit, Design-Builder and Owner shall attempt to resolve any ambiguity, conflict or inconsistency informally, recognizing that the Contract Documents shall take precedence in the order in which they are listed in Section 2.1 hereof.

  • In the event Owner and Design-Builder do not successfully finalize the GMP Exhibit and execute a GMP Agreement for this project, this Agreement will be terminated and Design-Builder will be paid the value of its services to the date of termination, not to exceed the Contract Price, and will not be entitled to any other compensation, damages, loss of profits or payment of any other kind.

  • In entering into this Agreement, Owner and Design-Builder recognize that they may not be able to finalize the GMP Exhibit and execute a GMP Agreement for this Project.

  • The PMT shall take into consideration any feedback, comments, or requests by the PEC for changes or updates to the GMP Exhibit.

  • The PMT shall discuss any revisions, updates, or additional information needed to develop the GMP Exhibit.

  • Any and all Allowance Items, as well as their corresponding Allowance Values, are set forth in the GMP Exhibit or GMP Proposal and are included within the GMP.

  • Assist the Owner and the Design-Builder to complete and execute the design-build contract, including the development of the Basis of Design Documents, the GMP Exhibit, if applicable, and the clarification and documentation of appropriate sections of the Design-Builder's proposal, if necessary.

  • This Agreement, including all exhibits (List for example, performance standard requirements, performance incentive arrangements, markup exhibits, allowances, unit prices, or exhibit detailing off-site reimbursable personnel) but excluding, if applicable, the GMP Exhibit.

  • Construction Manager shall provide a detailed breakdown in a format acceptable to Owner of its guaranteed maximum price proposal, as well as for the GMP, Exhibit G, Guaranteed Maximum Price Proposal Forms and Instructions.

Related to GMP Exhibit

  • Annexure F means, if applicable to the Product or the subject matter of this Agreement and read conjunctively with the Contractor’s obligations in terms of the Consumer Protection Act, the express warranties provided by the Contractor in relation to the Product.

  • Addenda/Addendum means supplemental additions, deletions, and modifications to the provisions of the RFP after the release date of the RFP.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Annexure E means, if applicable in terms of the scope of work, the Contractor’s Project Plan delivered to JOBURG MARKET within the time specified therefore.

  • Terms of Reference (TOR) means the document included in the RFP which explains the scope of work, activities and tasks to be performed.