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Common use of GMP Defined Clause in Contracts

GMP Defined. The Guaranteed Maximum Price shall be inclusive of (i) the CM/GC's Estimated Cost of the Work,

Appears in 2 contracts

Sources: Construction Management Agreement, Construction Management Agreement

Related Clauses

  • Existing Definitions
  • 000 DEFINITIONS
  • – SCOPE & DEFINITIONS
  • UCC Definitions
  • FTE Definition

Parent Clauses

  • Guaranteed Maximum Price
  • Submission of Guaranteed Maximum Price Proposal
  • Construction Phase
  • GMP Change Order
  • Energy Efficiency and Sustainable Construction Act of 2008

Sub-Clauses

  • Credit for Payments
  • Estimated Costs
  • Construction Contingency
  • CM/GC’s Fee
  • GC’s Overhead Costs and Expenses
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