A Developer has signed a GMP Contract with a GC. The GMP contract value is $68,400,000. Within this contract value the G

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A Developer has signed a GMP Contract with a GC. The
GMP contract value is $68,400,000. Within this contract value the
GC included a contingency of $600,000. Upon completion of the
buy-out of subcontracts, the GC has informed the Developer that
they have bought the subs for $680,000 less that the amount carried
in the GMP contract. The contract states that any savings at the
end of the project will be split 75/25, with 75% going to the
Developer.


What is the GMP contract amount at the time that all
the subcontracts have been bought?
As a percentage of the total contract amount, how much
is the project contingency at the completion of the subcontractor
but-out?
Over the course of the job, the GC and Developer decide
to use $290,000 for various issues that arise. Upon completion of
the project, how much savings will be returned to the Developer?
How much will the GC retain?
Assuming that the GC included a fee of $2,100,000 in
their original bid/contract amount, how much total margin will the
GC make on this project?
If the original contract had been a lump sum instead of
a GMP, the GC made the same buy indicated above, included the same
initial fee indicated above, and used the same $290,000 to pay for
construction issues, what would be the GC’s final total
margin?