Design-Build Payment Application (Cost of Work With GMP) - 491

This design-build application for payment is used with the ConsensusDocs 410 design-build cost of the work agreement with a guaranteed maximum price (GMP). This form facilitates the calculation and documentation of progress payments. The Design-Builder certifies that work performed and materials stored on the site represent the actual value of the builder’s performance. The Design-Builder certifies with a notarized signature that work performed represents actual value and payment has been made minus retention to Subcontractors and suppliers as well as compliance with all applicable laws. The application tracks approved change orders and retention as well as stored materials on site.