Contract

then or thereafter due to CM@Risk (if any) and otherwise immediately reimbursed to 
City by CM@Risk. 
ARTICLE 7 - CONTRACT PRICE 
7.1 
CONTRACT PRICE 
7.1.1 
In exchange for CM@Risk's full, timely, and acceptable performances and construction of 
the Work under this Contract, and subject to all of the terms of this Contract, City will 
pay CM@Risk the "Contract Price," which: 
The sum of the CM@Risk's Fee and reimbursable Cost of the Work, as defined in 
Section 15 of the General Conditions, which the CM@Risk guarantees will not exceed 
the GMP set forth in Exhibit D in the amount of $3,513.861.76. Costs which would 
cause the GMP to be exceeded must be paid by CM@Risk without reimbursement 
from City. 
7.1.2 
The Contract Price is all-inclusive and specifically includes all fees, cost, insurance and 
bond premiums, allowances, construction contingency, owner's contingency, and taxes 
of any type necessary to fully, properly and timely perform and construct Work. 
7.2 
COSTS 
For any portion of the Work which, either through this Contract, Change Order or 
otherwise, is performed and paid for on a cost, or time and materials basis, the costs 
which may be reimbursed to CM@Risk and chargeable against the Contract Price will be 
determined as set forth in MAG § 109.5. 
SIGNATURE PAGE TO FOLLOW 
City of Chandler Construction Manager at Risk Construction Services 
Public Works & Utilities Department, Capital Projects Division 
Project Name: VETERAN'S MEMORIAL PHASE II 
Project No.: PR2004.401 
Rev. 3/9/2021 
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