Standard Clauses used where the price structure for the physical construction is the cost of the work plus a fee (cost-plus) with a guaranteed maximum price (GMP). These Standard Clauses address how to establish the GMP and define its specific components, including the cost of the work, the construction manager's fee, and contingency. These jurisdictionally neutral Standard Clauses have integrated notes with important explanations and drafting tips to enhance the budget certainty sought by an owner through the use of a GMP.