{"id":13378,"date":"2016-06-21T23:23:07","date_gmt":"2016-06-22T03:23:07","guid":{"rendered":"https:\/\/www.avantage-plus.com\/en\/?page_id=13378"},"modified":"2017-05-04T14:27:17","modified_gmt":"2017-05-04T18:27:17","slug":"guaranteed-maximum-price","status":"publish","type":"page","link":"https:\/\/www.avantage-plus.com\/en\/types-of-contracts\/guaranteed-maximum-price\/","title":{"rendered":"Guaranteed Maximum Price"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row row_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; shift_y=&#8221;0&#8243; css=&#8221;.vc_custom_1460440973265{padding-top: 35px !important;}&#8221;][vc_column width=&#8221;1\/1&#8243;][vc_column_text]Generally associated with a cost-plus contract, the guaranteed maximum price is actually a maximum cost stipulated in the contract. Any cost that exceeds the agreed amount will have to be covered by the contractor, which is an incentive to maximize efficiency.<\/p>\n<p>This option has the benefit of making it easier to obtain required project financing and enabling work to start before the design documents are ready.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row row_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; shift_y=&#8221;0&#8243; css=&#8221;.vc_custom_1460440973265{padding-top: 35px !important;}&#8221;][vc_column width=&#8221;1\/1&#8243;][vc_column_text]Generally associated with a cost-plus contract, the guaranteed maximum price is actually<a class=\"moretag\" href=\"https:\/\/www.avantage-plus.com\/en\/types-of-contracts\/guaranteed-maximum-price\/\"> Read the full article patate&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"parent":13331,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-13378","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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