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Addendum A- GMP/Fixed Price <br />Date of Issuance of this Addendum by DB: 2017 <br />The DB proposes the following alternatives: <br />A. Alternate #1: A Fixed Price for the entirety of DB's Work in respect to the Construction <br />Stage of the Project in the amount of: <br />B. Alternate #2: A Guaranteed Maximum Price ( "GMP ") in respect to the Construction <br />Stage: <br />A not -to exceed amount for the Construction Stage Cost of the Work <br />This figure shall be the Guaranteed Maximum Price (GMP), which we hereby guarantee to the <br />City of Lakewood. <br />In respect to the GMP, same shall be calculated as per the following page of this Agreement. <br />PROPOSED BY THE DB <br />(Name of Firm) <br />By: <br />(Signature) <br />(Printed Name) <br />Date of DB Proposal: <br />241Pa g, L <br />