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EXHIBIT 3HOLLYWOOD HILLS HIGH SCHOOL RENOVATIONS GUARANTEED MAXIMUM PRICE PROPOSALPROJECT NO. P.001806MARCH 19, 2019tiV,Established 1915. Broward County Public Choosable OF CONTENT SGMP AMENDMENTPAGE

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How to fill out guaranteed maximum price proposal

01

To fill out a guaranteed maximum price proposal, follow these steps:

02

Start by identifying the project and providing a clear and concise project description.

03

Specify the scope of work to be performed and provide a detailed breakdown of all the tasks involved.

04

Include a comprehensive list of materials, equipment, and labor required for the project.

05

Determine the pricing structure and establish a maximum price for the project.

06

Clearly state any allowances or exclusions in the proposal.

07

Include any terms and conditions that are applicable, such as payment terms and schedule.

08

Provide a timeline for the project, including start and end dates for various milestones.

09

Include any relevant certifications, licenses, or insurance requirements.

10

Finally, review the proposal for accuracy and completeness before submitting it.

Who needs guaranteed maximum price proposal?

01

Guaranteed maximum price proposals are typically needed by:

02

- Construction companies bidding on projects

03

- Clients seeking pricing transparency and cost control

04

- Project owners looking to establish a maximum budget for a construction project

05

- Government agencies requesting bids for public infrastructure projects

06

- Real estate developers seeking competitive pricing from contractors

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What is guaranteed maximum price proposal?

A guaranteed maximum price proposal is a pricing option in a contract where the contractor agrees to cap the total cost of the project, providing a level of financial security to the client.

Who is required to file guaranteed maximum price proposal?

Contractors or construction companies are usually required to submit a guaranteed maximum price proposal as part of the bidding process for construction projects.

How to fill out guaranteed maximum price proposal?

To fill out a guaranteed maximum price proposal, the contractor must provide detailed cost estimates for labor, materials, and overhead, along with a proposed profit margin.

What is the purpose of guaranteed maximum price proposal?

The purpose of a guaranteed maximum price proposal is to establish a fixed cost for the project, protecting the client from cost overruns and ensuring financial predictability.

What information must be reported on guaranteed maximum price proposal?

A guaranteed maximum price proposal should include a breakdown of all costs, including labor, materials, equipment, subcontractors, and any additional fees or contingencies.

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