Payment Application (GMP) - 291

ConsensusDocs 291 is a comprehensive and standardized application for payment forms specifically created for construction projects governed by a Cost of the Work Plus Fee with a Guaranteed Maximum Price (GMP) contract model. Designed to align with industry best practices, this form is an essential administrative tool that streamlines the process of progress billing, documentation, and financial tracking.

Used by Constructors—including general contractors, design-bid-build teams, and construction managers—this form ensures transparency and accountability throughout the billing process. It enables Constructors to provide a notarized certification that the value of work performed, and materials stored on-site accurately reflects progress in alignment with the contract terms. The form also confirms that payments to subcontractors and suppliers have been made in accordance with contractual obligations, minus any retained amounts, and that the Constructor is in full compliance with all applicable laws and regulations.

Key Features:

• Tailored for GMP construction contracts
• Documents actual value of work performed, and materials stored on-site
• Tracks and integrates approved change orders and retention amounts
• Ensures compliance certification by the Constructor
• Includes notarized signature verification for added credibility and legal assurance
• Streamlines financial reporting and owner billing transparency

ConsensusDocs 291 plays a critical role in supporting fair and accurate payment practices, protecting both Owners and Constructors from billing disputes. By clearly outlining earned progress and contract modifications, the form helps maintain financial control, reduce payment delays, and support project success.

This standard payment form is an essential administrative resource for any construction team operating under a GMP contract structure.