GMP Proposals. If requested by Owner, ▇▇▇▇ shall submit GMP Proposals to Owner which shall include the following, unless the parties mutually agree otherwise: 6.6.1.1.1 A proposed GMP, which shall be the sum of: ▇. ▇▇▇▇’▇ Fee as defined in Section 6.2.1 herein; ii. The estimated Cost of the Work as defined in Section 6.3 herein, inclusive of any ▇▇▇▇’▇ Contingency as defined in Section 6.6.1.1.9 below; and iii. If applicable, any Allowance Value established under Section 6.4 herein. 6.6.1.1.2 A list of the assumptions and clarifications made by ▇▇▇▇ in the preparation of the GMP Proposal; 6.6.1.1.3 The Scheduled Interim Milestone Date upon which the proposed GMP is based, to the extent said date has not already been established under Section 5.2 herein, and a schedule upon which the Scheduled Interim Milestone Date is based; 6.6.1.1.4 If applicable, a list of Allowance Items, Allowance Values, and a statement of their basis; 6.6.1.1.5 If applicable, a schedule of alternate prices; 6.6.1.1.6 If applicable, a schedule of unit prices; 6.6.1.1.7 If applicable, a statement of Additional Services which may be performed but which are not included in the GMP and which, if performed, shall be the basis for an increase in the GMP and/or Contract Time(s); and 6.6.1.1.8 The time limit for acceptance of the GMP Proposal. 6.6.1.1.9 The GMP shall include a Contingency in an amount agreed to in writing between the Owner and ▇▇▇▇ which is available for ▇▇▇▇’▇ exclusive use for
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GMP Proposals. If requested by Owner, ▇▇▇▇ Design-Builder shall submit a GMP Proposals Proposal(s) to Owner which shall include the following, unless the parties mutually agree otherwise:
6.6.1.1.1 6.6.2.1.1 A proposed GMP, which shall be the sum of:
▇. ▇▇▇▇’▇ i. Design-Builder’s Fee as defined in Section 6.2.1 hereinhereof;
ii. The estimated Cost of the Work as defined in Section 6.3 hereinhereof, inclusive of any ▇▇▇▇’▇ Design-Builder’s Contingency as defined in Section 6.6.1.1.9 below6.6.1.2 hereof; and
iii. If applicable, any Allowance Value prices established under Section 6.4 herein6.1.2 hereof.
6.6.1.1.2 6.6.2.1.2 The Basis of Design Documents, which may include, by way of example, Owner’s Project Criteria, which are set forth in detail and are attached to the GMP Proposal;
6.6.2.1.3 A list of the assumptions and clarifications made by ▇▇▇▇ Design- Builder in the preparation of the GMP Proposal, which list is intended to supplement the information contained in the drawings and specifications and is specifically included as part of the Basis of Design Documents;
6.6.1.1.3 6.6.2.1.4 The Scheduled Interim Milestone Substantial Completion Date upon which the proposed GMP is based, to the extent said date has not already been established under Section 5.2 herein5.2.1 hereof, and a schedule upon which the Scheduled Interim Milestone Substantial Completion Date is based;
6.6.1.1.4 6.6.2.1.5 If applicable, a list of Allowance Items, Allowance Values, and a statement of their basis;
6.6.1.1.5 6.6.2.1.6 If applicable, a schedule of alternate prices;
6.6.1.1.6 6.6.2.1.7 If applicable, a schedule of unit prices;
6.6.1.1.7 6.6.2.1.8 If applicable, a statement of Additional Services which may be performed but which are not included in the GMP and which, if performed, shall be the basis for an increase in the GMP and/or Contract Time(s); and
6.6.1.1.8 6.6.2.1.9 The time limit for acceptance of the GMP Proposal.
6.6.1.1.9 The GMP shall include a Contingency in an amount agreed to in writing between the Owner and ▇▇▇▇ which is available for ▇▇▇▇’▇ exclusive use for
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GMP Proposals. If requested by Owner, ▇▇▇▇ shall submit GMP Proposals to Owner which shall include the following, unless the parties mutually agree otherwise:
6.6.1.1.1 A proposed GMP, which shall be the sum of:
▇. ▇▇▇▇’▇ Fee as defined in Section 6.2.1 herein;
ii. The estimated Cost of the Work as defined in Section 6.3 herein, inclusive of any ▇▇▇▇’▇ Contingency as defined in Section 6.6.1.1.9 below; and
iii. If applicable, any Allowance Value established under Section 6.4 herein.
6.6.1.1.2 A list of the assumptions and clarifications made by ▇▇▇▇ in the preparation of the GMP Proposal;
6.6.1.1.3 The Scheduled Interim Milestone Date upon which the proposed GMP is based, to the extent said date has not already been established under Section 5.2 herein, and a schedule upon which the Scheduled Interim Milestone Date is based;
6.6.1.1.4 If applicable, a list of Allowance Items, Allowance Values, and a statement of their basis;
6.6.1.1.5 If applicable, a schedule of alternate prices;
6.6.1.1.6 If applicable, a schedule of unit prices;
6.6.1.1.7 If applicable, a statement of Additional Services which may be performed but which are not included in the GMP and which, if performed, shall be the basis for an increase in the GMP and/or Contract Time(s); and
6.6.1.1.8 The time limit for acceptance of the GMP Proposal.
6.6.1.1.9 The GMP shall include a Contingency in an amount agreed to in writing between the Owner and ▇▇▇▇ which is available for ▇▇▇▇’▇ exclusive use forfor unanticipated costs it has incurred that are not the basis for a Change Order under the Contract Documents. By way of example only, and not as a limitation, such costs may include: (a) trade buy-out differentials; (b) overtime or acceleration; (c) escalation of materials; (d) correction of defective, damaged or nonconforming Work, however caused; (e) Subcontractor defaults; or (f) those events under Section 8.2.2 of the General Conditions of Contract that result in an extension of the Contract Time but do not result in an increase in the Contract Price. ▇▇▇▇ shall not be allowed to use any part of the Contingency without the written approval of Owner, which approval shall not be unreasonably withheld. Except as it is considered Savings, the Contingency is not available to Owner for any reason, including, but not limited to, changes in scope or any other item which would enable ▇▇▇▇ to increase the GMP under the Contract Documents. ▇▇▇▇ shall provide Owner notice of all anticipated charges against the Contingency, which shall include a detailed listing and written justification as to any need to use any part of the Contingency. Owner’s approval of use of Contingency may be reasonably withheld if ▇▇▇▇ does not provide such notice. ▇▇▇▇ shall also provide Owner as part of the monthly status report required by Section 2.1.2 of the General Conditions of Contract an accounting of the Contingency, including all reasonably foreseen uses or potential uses of the Contingency in the upcoming three (3) months. ▇▇▇▇ agrees that with respect to any expenditure from the Contingency relating to a Subcontractor default or an event for which insurance or bond may provide reimbursement, ▇▇▇▇ will in good faith exercise reasonable steps to obtain performance from the Subcontractor and/or recovery from any surety or insurance company. ▇▇▇▇ agrees that if ▇▇▇▇ is subsequently reimbursed for said costs, then said recovery will be credited back to the Contingency.
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GMP Proposals. If requested by Owner, ▇▇▇▇ CMAR shall submit GMP Proposals to Owner which shall include the following, unless the parties mutually agree otherwise:
6.6.1.1.1 A proposed GMP, which shall be the sum of:
▇. ▇▇▇▇’▇ Fee as defined in Section 6.2.1 herein;
ii. The estimated Cost of the Work as defined in Section 6.3 herein, inclusive of any ▇▇▇▇’▇ Contingency as defined in Section 6.6.1.1.9 below; and
iii. If applicable, any Allowance Value established under Section 6.4 herein.
6.6.1.1.2 A list of the assumptions and clarifications made by ▇▇▇▇ CMAR in the preparation of the GMP Proposal;
6.6.1.1.3 The Scheduled Interim Milestone Date upon which the proposed GMP is based, to the extent said date has not already been established under Section 5.2 herein, and a schedule upon which the Scheduled Interim Milestone Date is based;
6.6.1.1.4 If applicable, a list of Allowance Items, Allowance Values, and a statement of their basis;
6.6.1.1.5 If applicable, a schedule of alternate prices;
6.6.1.1.6 If applicable, a schedule of unit prices;
6.6.1.1.7 If applicable, a statement of Additional Services which may be performed but which are not included in the GMP and which, if performed, shall be the basis for an increase in the GMP and/or Contract Time(s); and
6.6.1.1.8 The time limit for acceptance of the GMP Proposal.
6.6.1.1.9 The GMP shall include a Contingency in an amount agreed to in writing between the Owner and ▇▇▇▇ which is available for ▇▇▇▇’▇ exclusive use forwriting
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