Cost-plus agreements with a Guaranteed Maximum Price (GMP) are a popular option for managing uncertainty—but they come with unique risks. In this session, Preti Flaherty Attorneys Kenneth Rubinstein and Nicholas Dube will break down the A102 and A133, explain how they allocate cost risk, and show you how to protect your profit margin.

What You’ll Learn:

• Key provisions in GMP agreements that impact cost control
• How to handle contingencies, allowances, and audit rights
• Practical negotiation tips to keep your project on track

Takeaway:

Gain tools to manage GMP risk while maintaining financial control.