This class will present issues related to Guaranteed Maximum Price (GMP) Contracting.
Prerequisites
None.
Objectives
Students will learn about the components of a GMP; factors that go into establishing GMP, factors that modify the GMP, pitfalls in GMP contracting and other issues related to the administration of GMP type contracts such as Construction Management at- Risk.
South Carolina State Fiscal Accountability Authority Procurement Services 1201 Main Street, Suite 600 | Columbia, SC 29201
