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EXHIBIT C GUARANTEED MAXIMUM PRICE TO THE CONTINUING CONTRACT FOR CONSTRUCTION MANAGEMENT SERVICES/RFQ #18Q091DR BY AND BETWEEN THE SCHOOL BOARD OF BREVARD COUNTY, FLORIDA 2700 Judge Fran Jamieson

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How to fill out guaranteed maximum price

01

Review the construction documents and specifications provided by the project owner.

02

Develop a detailed cost estimate based on the scope of work.

03

Identify potential risks and uncertainties in the project.

04

Negotiate with subcontractors and suppliers to get the best possible pricing.

05

Include a contingency to account for unforeseen circumstances.

06

Present the guaranteed maximum price proposal to the project owner for approval.

Who needs guaranteed maximum price?

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Owners of construction projects who want to limit their financial risk and have a clear understanding of the total project cost.

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Construction companies who want to provide a competitive bid and secure a contract for a project.

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What is guaranteed maximum price?

Guaranteed maximum price is the most a customer will have to pay for a project, regardless of the contractor's expenses.

Who is required to file guaranteed maximum price?

Contractors are usually required to provide a guaranteed maximum price to their clients.

How to fill out guaranteed maximum price?

To fill out a guaranteed maximum price, contractors need to accurately estimate the costs of a project and set a maximum price for their services.

What is the purpose of guaranteed maximum price?

The purpose of a guaranteed maximum price is to provide clients with cost certainty and protection against potential cost overruns.

What information must be reported on guaranteed maximum price?

The guaranteed maximum price must include a detailed breakdown of all costs associated with the project, including labor, materials, and any additional fees.

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