C. The Drawings, Plans, and Specifications are: Drawings, Plans, and Specifications. (identify all exhibits containing drawings and specifications; include all drawings and specifications from the architect, civil engineer, or others) Name of Document Date Professional Architectural: Civil Engineer: Landscape: Mechanical, Electrical Plumbing: Other: 2. Commencement Date and Time for Completion: The following Paragraphs 2A and B are added to and made part of the Agreement. A. The Commencement Date is the date given in to Commencement Date. Owner’s Notice Proceed given under the General Conditions of the Contract for Construction B. Contractor shall substantially complete the Project within Time for Completion. calendar days after the Commencement Date. 3. Guaranteed Maximum Price. The Guaranteed Maximum Price, as defined in the Agreement, is substituted and restated in the following Paragraphs 3A - E. A. Contractor guarantees that the maximum price to Owner for the Project, inclusive of for Construction Services, will not exceed $________________, CMR’s Compensation which sum shall be called the Guaranteed Maximum Price (GMP). The GMP shall be paid and adjusted as provided in the Contract Documents. B. The GMP is also known as the and includes the following allowances “Contract Amount” and contingencies: C. Other than contingency, each draw request on a contingency or allowance, Contractor’s any request for payment from a contingency or allowance, or any claim against a contingency or an allowance must be authorized in advance by Owner in writing. D. If the cost of an item for which a contingency or allowance is allocated is more or less than the allotted contingency or allowance, the Contract Amount shall be adjusted by a change order. E. Other than the contingency, all unused allowances and contingencies shall Contractor’s be retained 100% by Owner and Contractor shall have no claim or right to the unused contingencies or allowances. Any unused portion of the contingency shall Contractor’s be deemed to be a savings under Paragraph 4 of this amendment.
C. Drawings, Plans, and Specifications. The Drawings, Plans, and Specifications are: (identify all exhibits containing drawings and specifications; include all drawings and specifications from the architect, civil engineer, or others) Name of Document Date Professional Architectural: Civil Engineer: Landscape: Mechanical, Electrical Plumbing: Other: 2. Commencement Date and Time for Completion: The following Paragraphs 2A and B are added to and made part of the Agreement. A. Commencement Date. The Commencement Date is the date given in Owner’s Notice to Proceed given under the General Conditions of the Contract for Construction B. Time for Completion. Contractor shall substantially complete the Project within calendar days after the Commencement Date. 3. Guaranteed Maximum Price. The Guaranteed Maximum Price, as defined in the Agreement, is substituted and restated in the following Paragraphs 3A - E. A. Contractor guarantees that the maximum price to Owner for the Project, inclusive of CMR’s Compensation for Construction Services, will not exceed $________________, which sum shall be called the Guaranteed Maximum Price (GMP). The GMP shall be paid and adjusted as provided in the Contract Documents. B. The GMP is also known as the “Contract Amount” and includes the following allowances and contingencies: C. Other than Contractor’s contingency, each draw request on a contingency or allowance, any request for payment from a contingency or allowance, or any claim against a contingency or an allowance must be authorized in advance by Owner in writing. D. If the cost of an item for which a contingency or allowance is allocated is more or less than the allotted contingency or allowance, the Contract Amount shall be adjusted by a change order. E. Other than the Contractor’s contingency, all unused allowances and contingencies shall be retained 100% by Owner and Contractor shall have no claim or right to the unused contingencies or allowances. Any unused portion of the Contractor’s contingency shall be deemed to be a savings under Paragraph 4 of this amendment.