Convincing Property Owners to Accept Guaranteed Maximum Price (GMP) Terms
Property owners fear open-ended cost overruns. Here is how General Contractors pitch open-book Guaranteed Maximum Price (GMP) contracts with shared savings incentives.
Amit KasliwalCEO & Founder, Dehurdle
February 10, 20234 min read
The Shared Savings GMP Pitch
Recommended Spoken Script
"A GMP contract gives you 100% budget certainty: you never pay a penny over the $18.5M ceiling. Furthermore, our open-book accounting returns 75% of all unused subcontractor contingency savings directly to your development fund, aligning our incentives to build faster and under budget."
The 2-Minute Practice Drill
2-Minute Spoken Drill
The 2-Minute Practice Drill
Practice GMP contract pitches in Dehurdle.