GMP Contracts - Accounting for Architects' and Engineers' Mistakes

GMP stands for guaranteed maximum price so when you build a GMP project your GC that you may be bid with has put together a group of Subs he's getting prices from so you get the cont you get the the the 80 90% drawings that you bid on and these are are contract drawings you know when they get 80% plus you know you can go to contract with these drawings anyway so you got these drawings and what she's what what the customer's talking about you know or the the comment is uh you know who is liable in a GMP because you've already given a guaranteed maximum price if something changes or something is not right why if most of the time it's a it's a error or mistake that was made by The Architects or Engineers so that's a very valid question very good question uh that's one reason it's very important to qualify your bid give as much detail about the scope of work you're bidding on