Common use of ESTABLISHMENT OF GUARANTEED MAXIMUM PRICE ( Clause in Contracts

ESTABLISHMENT OF GUARANTEED MAXIMUM PRICE (. The Parties hereby agree that the GMP for construction of the Project shall be $X. In no event shall the cost of construction of the Project and the CM’s Fee exceed the GMP, as adjusted by any County approved change orders.

Appears in 3 contracts

Sources: Construction Manager Services Agreement, Construction Manager Services Agreement, Construction Manager Services Agreement

ESTABLISHMENT OF GUARANTEED MAXIMUM PRICE (. The Parties hereby agree that the GMP for construction of the Project shall be $X. X and that this is a line item GMP. In no event shall the cost of construction of the Project and the CM’s Fee exceed the GMP, as adjusted by any County approved change orders.

Appears in 1 contract

Sources: Construction Manager Services Agreement