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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20230426T180000Z
DTEND:20230426T190000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:A ConsensusDoc Partner Webinar: To GMP or Not to GMP—Cost of Work Best Practices for Agreements or Change Orders
DESCRIPTION:Price escalation\, supply chain disruptions and inflation continue to cause unacceptable risks for many general contractors to lock in a fixed-price contract\, such as a lump sum contract or a guaranteed maximum price contract agreement\, early.\n\n \n\nPanelists will help you identify which itemized costs fall into cost-of-the-work items and what should be considered overhead and profit. You will also learn why utilizing general terms and conditions for a lump sum contract\, such as the AIA A201 for cost-of-the-work reimbursement\, can cause pitfalls when working under the cost-of-work contract terms.
X-ALT-DESC;FMTTYPE=text/html:Price escalation\, supply chain disruptions and inflation continue to cause unacceptable risks for many general contractors to lock in a fixed-price contract\, such as a lump sum contract or a guaranteed maximum price contract agreement\, early.
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\nPanelists will help you identify which itemized costs fall into cost-of-the-work items and what should be considered overhead and profit. You will also learn why utilizing general terms and conditions for a lump sum contract\, such as the AIA A201 for cost-of-the-work reimbursement\, can cause pitfalls when working under the cost-of-work contract terms.
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LOCATION:
UID:e.9143.1109
SEQUENCE:3
DTSTAMP:20260517T003222Z
URL:https://business.abcnalabama.org/events/details/a-consensusdoc-partner-webinar-to-gmp-or-not-to-gmp-cost-of-work-best-practices-for-agreements-or-change-orders-1109
END:VEVENT
END:VCALENDAR