Can a Guaranteed Maximum Price Really Be A GMP?
I facilitated a workshop this week for an owner that primarily utilizes Construction Management-At-Risk GMP contracts. The proactive owner continuously employs feedback from the stakeholders who affect the process. Thus, invitees included employees of the owner who participate in the process, other owners in the same industry, A/Es and contractors/CMs. Some of the attendees had worked for the owner for years; others wished they could do so. Attendees responded to pre-workshop questions which served as the basis of the initial discussions. Regardless of the position or the experience with the owner, the participants were open, honest and passionate about what they had to say.
