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Common use of GMP Clause in Contracts

GMP. The Contract Sum shall not exceed the amount specified in the GMP, as set forth in the GMP Acceptance, as it may be amended from time to time.

Appears in 4 contracts

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

Related Clauses

  • Product Specifications
  • Manufacturing
  • API
  • Quality Standards
  • Technical Specifications

Parent Clauses

  • Definitions
  • Miscellaneous
  • ESTABLISHMENT OF GUARANTEED MAXIMUM PRICE “GMP
  • Basic Services
  • Construction Manager Deliverables/Project Consultants Duty to Review and Respond

Sub-Clauses

  • Construction Contingency
  • Errors and Omissions Contingency
  • Project Contingency
  • Bonds
  • Design Build Entity’s General Conditions
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