The Head Contract Guaranteed Maximum Price (GMP) templates broadly align with the standard Head Contract, including the adoption of a fixed-time obligation and flexibility for construct only, design and construct or document and construct delivery.
This contract delivery model:
- requires the Tenderer to tender (among other things) its proposed GMP and the Works it proposes will be undertaken as:
- Contractor's Work (being Works performed by the Tenderer or a Related Body Corporate of the Tenderer)
- Reimbursable Work (being Works performed by subcontractors).
- provides that the Contract Price will not exceed the GMP subject to adjustments in accordance with the Conditions of Contract
- provides that if the Contract Price is less than the GMP, the Contractor is entitled to a share in the difference between the Contract Price and the GMP in accordance with the Conditions of Contract.
Contract and tender documents
Invitation to register interest (DOCX, 135.01 KB)
Tender documents (DOCX, 255.64 KB)
Conditions of contract (DOCX, 471.83 KB)
Disclaimer and confidentiality agreement (DOCX, 85.45 KB)
Schedule of collateral documents
Approved security unconditional undertaking (DOCX, 27.8 KB)
Collateral warranty (DOCX, 26.32 KB)
Deed of covenant - Consultant (DOCX, 44.93 KB)
Deed of covenant - Subcontractor (DOCX, 49.4 KB)
Deed of guarantee, undertaking and substitution (DOCX, 39.1 KB)
Deed of novation - Consultant (DOCX, 32.73 KB)
Design certificate - Consultant (DOCX, 26.37 KB)
Design certificate - Contractor (DOCX, 28.83 KB)
Design certificate - Subcontractor (DOCX, 27.24 KB)
Expect determination agreement (DOCX, 39.5 KB)
Payment claim (DOCX, 70.94 KB)
Payment statement (DOCX, 47.83 KB)