Guaranteed Maximum Pricing

100 years of experience, and a wealth of resident expertise,
enable us to offer the Guaranteed Maximum Pricing option
at an early point in the design stage.

A win-win option for Cooper and for our owner clients
Guaranteed Maximum Pricing is a vehicle for minimizing risk, avoiding claims, and closely integrating the diverse sectors of complex modern construction.

The Guaranteed Maximum Pricing option is bid in the same manner as a lump sum contract. Cooper assumes the same risk, but with the stipulation of sharing cost-savings with our client—against the owner's guarantee of fee and prompt payment of net cost.

It is a fallacy that a GMP contract costs more.
more The owner's objectives are best served because Cooper and client work as partners, with the owner reimbursing actual audited costs as they occur, rather than spending against a schedule of values.

With Cooper’s stringent control structure, and the owner working as a team member, Guaranteed Maximum Pricing can deliver greater bottom-line yields than any other contracting method.

Zero front-end loading = Enhanced cash flow
Implementing this option reduces initial cash-flow requirements prior to project commencement by amortizing front-end design costs.

Cost over-runs eliminated
Guaranteed Maximum Pricing removes the risk of cost over-runs common to other construction methods. This supports successful procurement of project financing.

 

Featured Project


Featured Project: Great West Life

Click to View

Sun Life Financial
3115 Harvester Road,
Burlington, ON

Cooper Construction Ltd.,
2381 Bristol Circle, Ste. C200
Oakville, Ontario L6H 5S9
   
Telephone: 905-829-0444
Fax: 905-829-0080