Skyler Santomartino | ConsensusDocs Contractors and construction managers who enter into cost reimbursable contracts subject to a guaranteed maximum price (GMP) are responsible for all project costs exceeding the GMP. For this reason, it is imperative that contractors negotiate and incorporate into the GMP a financial buffer that accounts for the unanticipated project costs that… Continue reading The Contractor’s Contingency: What Contractors and Construction Managers Need to Know and Be Wary Of