Orange County NC Website
Browse       Search
RESOLUTE Hillsborough Office Commons Phase Two — GMP Proposal <br />THE RESOLUTE BUILDING COMPANY Criteria <br />General Clarifications <br />The GMP Proposal is based on the Design Documents with cover sheet dated 12/15/08 <br />prepared by the Designer of Record. <br />2. The GMP Proposal is based on a mutually acceptable form of agreement between the <br />Owner and the CM with mutually acceptable terms and/or language for General <br />Conditions, Supplementary General Conditions, and Special Conditions. <br />3. The GMP Proposal includes a Construction Contingency. The contingency is available to <br />the CM for any unanticipated (in the documents, but not yet discovered) scope items or <br />misunderstandings of scope by the CM and its Subcontractors. The contingency is not <br />available for adding scope into the project or for unforeseen or concealed conditions <br />unless agreed to by the CM. At agreed upon intervals during construction, the CM will <br />review the contingency amount and the progress of the project and may, at his discretion, <br />make available to the Owner a portion of this contingency. The Owner then may use the <br />relinquished contingency to add scope or the Owner may claim it as savings. The <br />Proposal has not included additional contingencies or allowances for design and/or <br />programming errors or omissions. The Owner is to carry a separate design and/or project <br />contingency. <br />4. The GMP Proposal is based on "buy-out" savings, accumulated during bidding and award <br />of subcontracts, remaining in the control of the CM until such time that the CM may, at its <br />discretion, make all or a portion of this savings available to the Owner. <br />5. The GMP Proposal does not include industry average material cost escalation. Due to the <br />potential uncertainty of current material markets, the CM reserves the right to assess the <br />validity of any material price increases and present those for reimbursement by the <br />Owner. <br />6. The GMP Proposal is based on the Designers of Record incorporating into the contract <br />documents the required design for any value engineering or value management <br />alternatives that may be accepted and included into the GMP Proposal or subsequent <br />Proposals. The CM is not able to assume design responsibility or liability for any value <br />engineering alternatives. Further, and in many cases, publication of updated design <br />documents that reflect the final intended scope of work leads to higher project quality. <br />7. The GMP Proposal is based on the anticipated project schedule or sequence. The <br />Proposal and the Schedule exclude contingencies or allowances for unforeseen <br />conditions. The CM will endeavor to minimize cost or time implications associated with <br />discovered unforeseen condition. <br />8. The GMP Proposal is based on the expectation that the Contract Commencement Date <br />will be defined when all required permits have been approved and a formal Notice to <br />Proceed has been issued to the CM by the Owner. <br />9. The GMP Proposal is based on the expectation that the Substantial Completion Date be <br />defined as the date of receipt of the Certificate of Occupancy (temporary or conditional) <br />issued by the governing regulatory agency unless that issuance is delayed by reason(s) <br />beyond the control of the CM. <br />HAEMPROJECTSWCURGUIP Phase 214 - Proposal Criterial.doc <br />