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costs including on-site field staff, and all Project related costs, i . e . , bonds , personnel payroll <br /> benefits, etc. The allocation, basis and distribution of the cost of construction, CMAR Fee, General <br /> Conditions and CMAR-GMP Contingency for each GMP shall be set out in detail in each GMP <br /> amendment. <br /> 4 . 2 The GMP shall reflect all cash discounts obtained on payments made by the CMAR or any <br /> Subcontractor, which shall be for the benefit of the Owner. Trade discounts, rebates, refunds , and <br /> amounts received from sales of surplus or salvaged materials and equipment shall accrue to the <br /> Owner and the CMAR shall make provisions so they can be secured and shall reduce the GMP <br /> accordingly . Amounts which accrue to the Owner in accordance with this section shall be <br /> accounted for and credited to the Owner as a deduction from the Cost of the Work or the General <br /> Conditions as appropriate . <br /> 4 . 3 . Not later than , provided the Designer submits by and the Owner approves final <br /> submission by the Project Designer of the last of the complete Construction Documents for the <br /> entire Project by , the CMAR will develop and submit its final GMP for the Project. At that <br /> time, the Total Construction Budget will be fixed, subject to changes only as set forth herein by <br /> change order. Until that time, the CMAR agrees to use its best efforts to work with the Project <br /> Team to keep the cost of the Project within the Total Construction Budget. <br /> 4 .4 . At no time shall the CMAR Fee, General Conditions, CMAR-GMP Contingency, or the Early <br /> Completion Bonus Fund exceed the amounts for these respective items within the Total <br /> Construction Budget. The sum of all GMP must not exceed the Total Construction Budget, <br /> including CMAR Fees, overhead, and escalation until , as set forth on the RFQ Data Sheet, <br /> unless and to the extent that the Total Construction Budget is increased or decreased by the Board . <br /> 4 . 5 . Each GMP for a phase of the Work shall identify the Construction Drawings that define the scope <br /> of work covered by the GMP, shall describe any assumptions or clarifications concerning the scope <br /> of the Work, shall describe any special allowances and the basis on which each allowance was <br /> calculated, and shall contain the progress schedule related to that phase of the Work. <br /> 4 . 6 . If or when the GMP (or projected value of all GMPSs) exceeds the Total Construction Budget, the <br /> Owner and CMAR will work in conjunction with the Project Designer to redesign the Project as <br /> necessary to maintain the Project program and meet the Total Construction Budget as follows : <br /> 4 . 6 . 1 . After consultation with the Owner, the CMAR shall coordinate and cooperate with the <br /> Project Team to alter and redraft Construction Documents as necessary to accomplish the <br /> required reduction in cost . <br /> 4 . 6 .2 . The CMAR shall develop and provide to the Owner a GMP in connection with the <br /> redrafted and altered Construction Documents to accomplish the necessary reductions in <br /> cost. <br /> 4 . 6 . 3 . The CMAR shall analyze the Project Designer ' s originally submitted and as altered and <br /> redrafted Construction Documents, and make recommendations to the Owner as to ways <br /> and methods to reduce the costs of constructing the Project to a sum which does not <br /> exceed the Total Construction Budget. Notwithstanding anything in the RFQ to the <br /> contrary, the CMAR shall perform the Work set forth in this section without additional <br /> compensation . The Owner has the right to reject any GMP as originally submitted, or as <br /> adjusted . In that event, the Contract may be terminated according to its terms . In addition, <br /> the Owner has the right to withhold, in its sole discretion, approval of the amendment of <br /> the Contract to reflect any GMP, in which event the Contract may be terminated <br /> according to its terms . <br /> 4 . 6 . 4 . The CMAR' s detailed construction cost estimates and GMP will be reviewed by the <br /> Project Designer and the Owner for reasonableness and compatibility with the Total <br /> Construction Budget. Meetings and negotiations between the Owner, Project Designer <br /> and the CMAR will be held to resolve questions and differences that may occur between <br /> the Project Construction Budget and the CMAR' s construction cost estimate and <br /> corresponding GMP . If indicated by the Total Construction Budget limitations or other <br /> Page 7 of 52 <br /> Revised 12/24, 4/25 <br />