When planning a project, a small business must prepare a cost estimate. Companies use cost estimates to determine a project's affordability and decide whether to continue. Cost estimates typically ...
Typical delivery methods consist of contracts based on (a) a lump or stipulated sum, where the parties agree on a fixed price for the entire project or phase; (b) a guaranteed maximum price (GMP), ...
Under the guaranteed maximum price (GMP) construction contract delivery method, great care and attention must be given by the owner in setting the GMP, usually done by way of a “GMP Amendment,” ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results