Is Gmax the same as GMP?

Guaranteed Maximum Price (GMP or GMAX) Definition | Law Insider.

What is a Gmax construction contract?

A Guaranteed Maximum Price contract, known as a G-MAX or GMP contract, is a construction agreement that puts a maximum cap on the agreed upon project costs and scope of work, regardless of the actual costs incurred.

What is IGMP in construction?

Initial Guaranteed Maximum Price (IGMP) means the maximum construction budget agreed upon by Owner and Construction Manager prior to establishment of the FGMP, as specified in Paragraph 5.1.

What is a GMP contract?

A Guaranteed Maximum Price (GMP) contract is a construction agreement that sets a ceiling on the amount an owner must pay the contractor, regardless of the actual cost incurred. Under a GMP, the contractor absorbs any costs above the agreed-upon maximum price.

What are the four types of contracts?

10 Different Types of Contracts Type of ContractEveryday Use Implied Contracts Common in everyday transactions like dining out. Express Contracts Standard in formal business agreements. Simple Contracts Used for straightforward services or transactions. Unconscionable Contracts Often challenged in court for fairness.10 more rows • Jul 18, 2024

What is an example of a guaranteed maximum price contract?

For example, a GMP contract to build a grain silo would include the direct project's hard costs of $150,000, overhead costs of $20,000 and a fee including the contractor's desired profit of $15,000 for a total price of $185,000.

What is a max contract in the G League?

G League players sign one-year contracts with the league, not individual teams. They are paid a flat base salary, so there are no minimum or maximum salaries. For the five to six-month season, G League players now make $40,500.

Electronic Signature
Features
Contract Templates
Sign Guaranteed Maximum Price Contract Template

Instantly Sign Guaranteed Maximum Price Contract Template Online

airSlate SignNow provides a quick and affordable way to sign guaranteed maximum price contract template from any place. Accelerate document approval workflows and close deals in minutes instead of days with our user-friendly and affordable solution.

Electronic Signature
Features
Contract Templates
Sign Guaranteed Maximum Price Contract Template

Sign documents online

Learn more

Collect payments & signatures

Learn more

Add wet ink signature online

Learn more

Sign documents on iPhone or iPad

Learn more

Award-winning eSignature solution

Move your business forward with the airSlate SignNow eSignature solution

Create your signature in seconds on any desktop computer or mobile device, even while offline. Type, draw, or upload an image of your signature.

Deliver a seamless eSignature experience from any website, CRM, or custom app — anywhere and anytime.

Organize multiple documents in groups and automatically route them for recipients in a role-based order.

Collect signatures faster by sharing your documents with multiple recipients via a link — no need to add recipient email addresses.

Create unlimited templates of your most-used documents. Make your templates easy to complete by adding customizable fillable fields.

Create teams within airSlate SignNow to securely collaborate on documents and templates. Send the approved version to every signer.

See airSlate SignNow eSignatures in action

Create secure and intuitive eSignature workflows on any device, track the status of documents right in your account, build online fillable forms – all within a single solution.

Try airSlate SignNow with a sample document

Complete a sample document online. Experience airSlate SignNow's intuitive interface and easy-to-use tools
in action. Open a sample document to add a signature, date, text, upload attachments, and test other useful functionality.

sample

Checkboxes and radio buttons

Try a sample document

sample

Request an attachment

Try a sample document

sample

Set up data validation

Try a sample document

airSlate SignNow solutions for better efficiency

Keep contracts protected

Enhance your document security and keep contracts safe from unauthorized access with dual-factor authentication options. Ask your recipients to prove their identity before opening a contract to sign guaranteed maximum price contract template.

Stay mobile while eSigning

Install the airSlate SignNow app on your iOS or Android device and close deals from anywhere, 24/7. Work with forms and contracts even offline and sign guaranteed maximum price contract template later when your internet connection is restored.

Integrate eSignatures into your business apps

Incorporate airSlate SignNow into your business applications to quickly sign guaranteed maximum price contract template without switching between windows and tabs. Benefit from airSlate SignNow integrations to save time and effort while eSigning forms in just a few clicks.

Generate fillable forms with smart fields

Update any document with fillable fields, make them required or optional, or add conditions for them to appear. Make sure signers complete your form correctly by assigning roles to fields.

Close deals and get paid promptly

Collect documents from clients and partners in minutes instead of weeks. Ask your signers to sign guaranteed maximum price contract template and include a charge request field to your sample to automatically collect payments during the contract signing.

Collect signatures

24x

faster

Reduce costs by

$30

per document

Save up to

40h

per employee / month

Our user reviews speak for themselves

Kodi-Marie Evans

Director of NetSuite Operations at Xerox

airSlate SignNow provides us with the flexibility needed to get the right signatures on the right documents, in the right formats, based on our integration with NetSuite.

Check 5000+ reviews

Samantha Jo

Enterprise Client Partner at Yelp

airSlate SignNow has made life easier for me. It has been huge to have the ability to sign contracts on-the-go! It is now less stressful to get things done efficiently and promptly.

Check 5000+ reviews

Megan Bond

Digital marketing management at Electrolux

This software has added to our business value. I have got rid of the repetitive tasks. I am capable of creating the mobile native web forms. Now I can easily make payment contracts through a fair channel and their management is very easy.

Check 5000+ reviews

be ready to get more

Why choose airSlate SignNow

Free 7-day trial. Choose the plan you need and try it risk-free.
Honest pricing for full-featured plans. airSlate SignNow offers subscription plans with no overages or hidden fees at renewal.
Enterprise-grade security. airSlate SignNow helps you comply with global security standards.

Start free trial

How to complete guaranteed maximum price contract template and finalize the agreement without hindrances.

Closing transactions swiftly and securely is crucial for enterprises of every scale, directly influencing revenue and enhancing operational efficiency. Digital signing provides a seamless method to streamline workflows while safeguarding confidential documents. When it’s time to complete the guaranteed maximum price contract template, choose airSlate SignNow. This intuitive, cost-effective platform adheres to all industry regulations, guaranteeing the utmost security and legality of electronic signatures so you can authorize your documents effortlessly and promptly.

Adhere to these steps to prepare and complete the guaranteed maximum price contract template using airSlate SignNow:

Log in to your account. If you're unfamiliar with our service, register and explore the platform during the 7-day free trial.
Select +Create and upload a document from your device, cloud storage, secure URL, or our Form Library.
Insert fillable sections for each party to input relevant agreement information and assign them to the respective participants.
Click My Signature -> Add New Signature and sign the document on your end with a typed or drawn legally recognized signature.
Include Date and Time, Initials, and Signature fields for other participants to validate your documentation.
Click Continue to send secure eSigning invitations and initiate payment requests from your signees after document completion.

airSlate SignNow enhances the signing procedure, providing efficiency and authority over your documents. Enjoy the advantages of smooth, scalable online contract handling with no concealed fees. Begin your free trial now and equip your business with advanced eSignature offerings!

How it works

airSlate SignNow features that users love

Speed up your paper-based processes with an easy-to-use eSignature solution.

Edit PDFs
online

Generate templates of your most used documents for signing and completion.

Learn more

Create a signing link

Share a document via a link without the need to add recipient emails.

Learn more

Assign roles to signers

Organize complex signing workflows by adding multiple signers and assigning roles.

Learn more

Create a document template

Create teams to collaborate on documents and templates in real time.

Learn more

Add Signature fields

Get accurate signatures exactly where you need them using signature fields.

Learn more

Archive documents in bulk

Save time by archiving multiple documents at once.

Learn more

Connect airSlate SignNow to your apps

Check out airSlate SignNow integrations

Data accuracy, security, and compliance

airSlate SignNow is committed to protecting your sensitive information by complying with global industry-specific

Learn more about security

be ready to get more

Get legally-binding signatures now!

Start your free trial

FAQs

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

Is Gmax the same as GMP?

Guaranteed Maximum Price (GMP or GMAX) Definition | Law Insider.
What is a Gmax construction contract?

A Guaranteed Maximum Price contract, known as a G-MAX or GMP contract, is a construction agreement that puts a maximum cap on the agreed upon project costs and scope of work, regardless of the actual costs incurred.
What is IGMP in construction?

Initial Guaranteed Maximum Price (IGMP) means the maximum construction budget agreed upon by Owner and Construction Manager prior to establishment of the FGMP, as specified in Paragraph 5.1.
What is a GMP contract?

A Guaranteed Maximum Price (GMP) contract is a construction agreement that sets a ceiling on the amount an owner must pay the contractor, regardless of the actual cost incurred. Under a GMP, the contractor absorbs any costs above the agreed-upon maximum price.
What are the four types of contracts?

10 Different Types of Contracts Type of ContractEveryday Use Implied Contracts Common in everyday transactions like dining out. Express Contracts Standard in formal business agreements. Simple Contracts Used for straightforward services or transactions. Unconscionable Contracts Often challenged in court for fairness.10 more rows • Jul 18, 2024
What is an example of a guaranteed maximum price contract?

For example, a GMP contract to build a grain silo would include the direct project's hard costs of $150,000, overhead costs of $20,000 and a fee including the contractor's desired profit of $15,000 for a total price of $185,000.
What is a max contract in the G League?

G League players sign one-year contracts with the league, not individual teams. They are paid a flat base salary, so there are no minimum or maximum salaries. For the five to six-month season, G League players now make $40,500.

What active users are saying — sign guaranteed maximum price contract template

Get access to airSlate SignNow’s reviews, our customers’ advice, and their stories. Hear from real users and what they say about features for generating and signing docs.

Everything has been great, really easy to incorporate...

5

Liam R

Everything has been great, really easy to incorporate into my business. And the clients who have used your software so far have said it is very easy to complete the necessary signatures.

Read full review

I couldn't conduct my business without contracts and...

5

Dani P

I couldn't conduct my business without contracts and this makes the hassle of downloading, printing, scanning, and reuploading docs virtually seamless. I don't have to worry about whether or not my clients have printers or scanners and I don't have to pay the ridiculous drop box fees. Sign now is amazing!!

Read full review

airSlate SignNow

5

Jennifer

My overall experience with this software has been a tremendous help with important documents and even simple task so that I don't have leave the house and waste time and gas to have to go sign the documents in person. I think it is a great software and very convenient.

airSlate SignNow has been a awesome software for electric signatures. This has been a useful tool and has been great and definitely helps time management for important documents. I've used this software for important documents for my college courses for billing documents and even to sign for credit cards or other simple task such as documents for my daughters schooling.

Read full review