Common use of GMP Proposal Clause in Contracts

GMP Proposal. When the Parties agree that the design of the Project is sufficiently developed and documented to allow detailed pricing of its construction, CM shall prepare and submit a Guaranteed Maximum Price (“GMP”)

Appears in 3 contracts

Sources: Construction Manager at Risk Agreement, Construction Contract, Construction Manager Agreement

GMP Proposal. When the Parties agree that the design of the Project is sufficiently developed and documented to allow detailed pricing of its construction, CM shall prepare and submit a Guaranteed Maximum Price (“GMP”)a

Appears in 3 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

GMP Proposal. When the Parties agree that the design of the Project is sufficiently developed and documented to allow detailed pricing of its construction, CM shall prepare and submit a Guaranteed Maximum Price (GMP)

Appears in 2 contracts

Sources: Construction Manager at Risk Agreement, Construction Manager at Risk Agreement