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Form a133 2009 for word

Form a133 2009 for word-2025

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The document is the AIA Document A133-2009, which outlines the Standard Form of Agreement between the Owner (University of North Florida Board of Trustees) and the Construction Manager for a construction project. It establishes the basis of payment as the Cost of Work plus a fee with a Guaranteed Maximum Price. The agreement details responsibilities, compensation, insurance requirements, dispute resolution processes, and conditions for termination or suspension of work. It emphasizes collaboration between the Owner, Construction Manager, and Architect throughout both preconstruction and construction phases.

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What is the final guaranteed maximum price?

A guaranteed maximum price (GMP) contract sets a maximum price for a construction project, beyond which the contractor absorbs additional costs. Sometimes called a construction manager at risk contract, this type of construction agreement minimizes financial risk for the owner because it sets a project cost limit.

What is the Guaranteed Maximum Price amendment exhibit A?

Upon the owners acceptance of the proposal by execution of the Guaranteed Maximum Price Amendment (Exhibit A), the construction manager becomes contractually bound to provide labor and materials for the project and to complete construction at or below the guaranteed maximum price.

What is B133?

Document B1332019 is a standard form of agreement between Owner and Architect intended for use on projects where an Owner employs a Construction Manager to act as an adviser during the preconstruction phase.

What is an example of a guaranteed maximum price contract?

A guaranteed maximum price (GMP) construction contract sets an absolute limit to the amount a construction project owner will pay a contractor for completing the work outlined in the contract. The contractor will have to pay out-of-pocket for any project cost exceeding the GMP.

What is a guaranteed maximum price amendment?

A guaranteed maximum price amendment is a contract between a contractor and client that sets a certain maximum price the client pays for construction services.

What is document A133?

Purpose. Document A1332019 is a standard form of agreement between Owner and Construction Manager, and is intended for use on construction management projects where the basis of payment is the Cost of the Work plus a Fee with a Guaranteed Maximum Price.

Form a133 2009 for word-2025

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