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    Construction Project Management
  4. Exam
    Exam 4: Project Delivery Methods
  5. Question
    In a Guaranteed Maximum Price (GMP) Contract, Costs Above the GMP
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In a Guaranteed Maximum Price (GMP) Contract, Costs Above the GMP

Question 4

Question 4

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In a guaranteed maximum price (GMP) contract, costs above the GMP are covered by the contractor.

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