|Bill Morley (Unregistered Guest)
|Posted on Tuesday, January 12, 2016 - 12:39 pm: |
When Owner/Contractor agreement is Cost of Work plus Fee GMP, would it be appropriate to specify the use of typical G702 progress payment form?
Post Number: 1
|Posted on Monday, January 18, 2016 - 11:15 am: |
Also, is it appropriate to include in the Payment Procedures section a List of Values - in the context of Cost Plus / GMP?
|George A. Everding, FCSI, CCS, CCCA, AIA|
Post Number: 821
|Posted on Monday, January 18, 2016 - 05:20 pm: |
If you are using A133–2009, "Standard Form of Agreement Between Owner and Construction Manager as Constructor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price". Refer to CM's responsibilities. Note that owners often have their own forms.
If CM organization is on board early, they can assist a/e and owner with determination of appropriate forms and procedures.