Guaranteed Maximum Price
GMP
We have completed or have under contract nearly 100 million dollars of work procured under a GMP with our joint venture partners. As with CM at Risk work, the key to this sort of procurement is our ability to solicit, evaluate, and negotiate the subcontracted work in a best value environment that serves to unsure complete and accurate pricing and allowance budgeting. Our standing with our subcontractors serves to facilitate GMP procurement methodologies