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Guaranteed maximum price contracts

By: Contributor(s): Language: English Series: CSM (Chartered Surveyor Monthly) ; 6(4) January 1997, 38-39(2)Publication details: 1997Subject(s): Summary: Explains how increasing requirement from clients to enter into a fixed lump sum type of contract has led to more guaranteed maximum price contracts. Examines the benefits and disadvantages of such an approach, and the issues to bear in mind to make GMP contracts work more efficiently.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS56429 (Browse shelf(Opens below)) 1 Available 23534-1001

Explains how increasing requirement from clients to enter into a fixed lump sum type of contract has led to more guaranteed maximum price contracts. Examines the benefits and disadvantages of such an approach, and the issues to bear in mind to make GMP contracts work more efficiently.