Common use of Guaranteed Maximum Price Proposal and Contract Time Clause in Contracts

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 At a time to be mutually agreed upon by County and ▇▇▇▇ and in consultation with A/E, ▇▇▇▇ shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of ▇▇▇▇'▇ estimate of the Cost of the Work, ▇▇▇▇’▇ Fee, and Owner’s Contingency. 2.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, ▇▇▇▇ shall provide in the GMP for such further development consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order. 2.2.3 ▇▇▇▇ shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by ▇▇▇▇ in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and ▇▇▇▇'▇ Fee;

Appears in 2 contracts

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

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 7.2.1 At a time to be mutually agreed upon by County and ▇▇▇▇ and in consultation with A/E, ▇▇▇▇ shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of ▇▇▇▇'▇ estimate of the Cost of the Work, ▇▇▇▇’▇ Fee, and Owner’s Contingency. 2.2.2 7.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, ▇▇▇▇ shall provide in the GMP for such further development consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order. 2.2.3 7.2.3 ▇▇▇▇ shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by ▇▇▇▇ in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.27.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and ▇▇▇▇'▇ Fee;

Appears in 1 contract

Sources: Construction Manager at Risk Contract

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 At a time to be mutually agreed upon by County and ▇▇▇▇ and in consultation with A/E, ▇▇▇▇ shall prepare a GMP proposal for County's Countyʹs review and acceptance. The GMP in the proposal shall be the sum of ▇▇▇▇'▇ CMARʹs estimate of the Cost of the Work, ▇▇▇▇’▇ Fee, and Owner’s Contingency. 2.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, ▇▇▇▇ shall provide in the GMP for such further development consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order. 2.2.3 ▇▇▇▇ shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by ▇▇▇▇ in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and ▇▇▇▇'▇ CMARʹs Fee;

Appears in 1 contract

Sources: Construction Manager at Risk Agreement

Guaranteed Maximum Price Proposal and Contract Time. 2.2.1 7.2.1 At a time to be mutually agreed upon by County and ▇▇▇▇ CMAR and in consultation with A/E, ▇▇▇▇ CMAR shall prepare a GMP proposal for County's review and acceptance. The GMP in the proposal shall be the sum of ▇▇▇▇'▇ estimate of the Cost of the Work, ▇▇▇▇’▇ Fee, and Owner’s Contingency. 2.2.2 7.2.2 To the extent that the Drawings and Specifications are anticipated to require further development by A/E, ▇▇▇▇ CMAR shall provide in the GMP for such further development consistent with the Contract Documents and reasonably inferable therefrom. Such further development does not include such things as changes in scope, systems, kinds and quality of materials, finishes or equipment, all of which, if required, shall be incorporated by Change Order. 2.2.3 ▇▇▇▇ 7.2.3 CMAR shall include with the GMP proposal a written statement of its basis, which shall include the following: .1 A list of the Drawings and Specifications, including all Addenda thereto, and the Conditions of this Contract; .2 A list of the clarifications and assumptions made by ▇▇▇▇ CMAR in the preparation of the GMP proposal, including assumptions under Paragraph 2.2.27.2.2, to supplement the information provided by County and contained in the Drawings and Specifications; .3 A statement of the proposed GMP, including a statement of the estimated Cost of the Work organized by trade categories or systems, allowances, and ▇▇▇▇'▇ Fee;

Appears in 1 contract

Sources: Construction Manager at Risk Contract