Construction Management Delivery System Discussion Question In the CM/GC Guidelines by Associated General Contractors of America and
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Construction Management Delivery System
Discussion Question
In the CM/GC Guidelines by Associated General Contractors of America and the National Association of State Facilities Administrators Links to an external site., the importance of Guaranteed Maximum Price (GMP) in Construction Management at Risk system is described (pages 45 to 48). Using this information please explain what is GMP and how it is set? Also, explain the connection of the GMP to the budgets and contingencies set for the project.
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