TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

GUARANTEED MAXIMUM PRICE CONTRACT [1 record]

Record 1 1991-09-01

English

Subject field(s)
  • Plans and Specifications (Construction)
  • Execution of Work (Construction)
DEF

A target price contract in which the client is protected against having to disburse in excess of a specified maximum price.

OBS

Term(s) and definition approved by the committee set up by the Centre international GP to study the terminology related to major project management.

French

Domaine(s)
  • Devis, cahiers des charges et plans (Construction)
  • Exécution des travaux de construction
DEF

Marché à coût cible aux termes duquel le mandant limite la rémunération du mandataire au coût prévisionnel maximum convenu entre les parties.

OBS

Terme(s) et définition approuvés par le comité chargé par le Centre international GP d'étudier les termes de la gestion des grands projets.

Spanish

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