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1 The CM/GC Fee shall be a fixed dollar lump sum to be identified in the GMP. Amendment, and shall be calculated as % of the Estimated Cost of the Work atRead more
Under a strict fixed-price performance-based contract, the contractor is only paid if they achieve the performance specified. Under a time-and-materialsRead more
(a) COST PLUS FIXED FEE WITH NOT-TO-EXCEED (CPFF) [Note: CPFF is not applicable for Consultants that have NBRs. CPFF is commonly used for preliminaryRead more