Common use of GUARANTEED MAXIMUM PRICE PROPOSAL Clause in Contracts

GUARANTEED MAXIMUM PRICE PROPOSAL. The Design-Builder shall propose a Guaranteed Maximum Price (GMP) and shall include in his proposal all services, equipment, labor, and materials required by the Contract Documents. Upon approval, the GMP Change Order, including the Design-Builder’s proposal, will become a part of the Contract Documents.

GUARANTEED MAXIMUM PRICE PROPOSAL. The Design-Builder CM/GC shall propose a Guaranteed Maximum Price (GMP) and shall include in his proposal all services, equipment, labor, and materials required by the Contract Documents. Upon approval, the GMP Change Order, including the Design-BuilderCM/GC’s proposal, will become a part of the Contract Documents.

GUARANTEED MAXIMUM PRICE PROPOSAL. The Design-Builder shall propose a Construction Manager agrees that the Guaranteed Maximum Price (GMP) and shall include included in his proposal includes any and all services, equipment, labor, and materials required by to provide the Work described in the Contract Documents. Upon approval, In the execution of the GMP Change Order, including the Design-Builder’s proposal, Construction Manager‟s proposal will become be made a part of the Contract DocumentsDocuments by reference.

GUARANTEED MAXIMUM PRICE PROPOSAL. The Design-Builder shall propose a Guaranteed Maximum Price (GMP) Change Order which, if accepted, shall set the maximum Contract Sum and shall include all Work required for construction of the Project in his proposal accordance with the all services, equipment, labor, previously issued Construction Documents and materials required by Component Construction Documents and the Contract Documents. Upon approval, assumptions stated in the GMP Change Order. Upon execution, including the Design-Builder’s proposal, proposed GMP Change Order will become a part of the Contract Documents.