Common use of The Guaranteed Maximum Price Clause in Contracts

The Guaranteed Maximum Price. (GMP). A GMP will be established in accordance with Section 3, Part 3 of the General Requirements. The GMP may be replaced by a Lump Sum Price as set forth in Article 3.3.7 of the General Requirements.

The Guaranteed Maximum Price. (GMP). A GMP will be established in accordance with Section 3, Part 3 of the General Requirements. The GMP may be replaced by a Lump Sum Price as set forth in Article Section 3.3.7 of the General Requirements.