<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 21.05.10.04" title_num="21" subtitle_num="05" chapter_num="10" heading="Guaranteed Maximum Price.">
  <paragraph num="A.">
    <text>The construction manager warrants that the work will be completed at or below the GMP with provisions for change order adjustments for owner-directed work that is outside the agreed-upon GMP work scope and not otherwise covered by the contingency.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The GMP shall be based on design documents that are not less developed than 50 percent construction documents for the applicable scope of work.</text>
  </paragraph>
  <paragraph num="C.">
    <text>The GMP shall be agreed to as an amendment to the contract between the procurement agency and the construction manager.</text>
  </paragraph>
</regulation>