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N/A § SAA Rental rates for Contractor-owned equipment sbalt not exceed the standard rental rate paid at the place of die Project. § 5.1.5 Unit prices,if any: (Ident fy the item and state the unit price and quantity limitations,if any,to which the unit price will be applicable.) Item Units and Limitations Price Per Unit($0.00) Mutually agreed upon by the team § 5.1.6 Liquidated damages,if any: (Insert terms and conditions for liquidated damages,ifany.) No Liquidated Damages § 5.1.7 Other: (Insert provisions for bonus,etxct.ravings or other incentives,if any,that might result in a change to the Contract Sum.) Upon final completion of the Work,if the total Contract Sum is less than the final Guaranteed Maximum Price (GMP),then the difference between the GMP and Contract Sum(the"Savings")will be divided among Owner and Contractor as follows:(a) 100%of the Savings will be retained by(honer,and(b)0%of the Savings will be paid to Contractor. § 5,2 Guaranteed Maximum Price § 5.2.1 The Contract Sum is guaranteed by the Contractor not to exceed Mutually acceptable amount agreed upon by the team(S Mutually agreed upon by the teats),subject to additions and deductions by Change Order as provided in the Contract Documents.This maximum sum is referred to in the Contract Documents as the Guaranteed Maximum Price.Costs which would cause the Guaranteed Maximum Price to be exceeded shall he paid by the Contractor without reimbursement by the Owner. § 5.2.2 Alternates § 5.2,2.1 Alternates,if any,included in the Guaranteed Maximum Price: Item Price f Mutually agreed upon by the team 15.2.2.2 Subject to the conditions noted below,the following alternates may be accepted by the Owner following execution of this Agreement.Upon acceptance,the Owner shall issue a Modification to this Agreement. (Insert below each alternate and the conditions that must be met jor the Owner to accept the alternate.) Item Price Conditions for Acceptance Mutually agreed upon by the tears § 5.2.3 Allowances,if any,included in the Guaranteed Maximum PriCe: (Identif}=each allowance.) Item Price Mutually agreed upon by the team § 5.2A Assumptions,if any,upon which the Guaranteed Maximum Price is based: (Identifv each assumption) Mutually agreed upon by the team Ink. AIA Document A102-2017,Copyright O 1920,1925,1951,1958,1961,1963,1967,1974,1978,1987,1997,2007 and 2017.All rights reserved,The American Institute of Architects,""American Institute of Architects;"AIA,"the AIA Logo,and"AIR Contract Documents"are trademarks of The Amparan Institute of Architects, 4 This document was produced at 15:07:01 CT on 1202r2023 under Order No.4104240617 which expires on 03110/2024,is not for resale,is licensed for one-time t use only,and may only be used in accordance with the AIA Contract DocumentsiP Terms of Service.To report copyright violations,e-mail docinfo@aiaconlracts.com. User Notes: (1465209683)