Tennessee Code 54-1-502 – Part definitions
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As used in this part:
Terms Used In Tennessee Code 54-1-502
- Authorized contingency: means the contingency prepared and submitted by the CM/GC as part of the GMP, which is designed to cover costs that may result from incomplete design, unforeseen and unpredictable conditions, or uncertainties within the defined project scope which a prudent CM/GC would not have reasonably detected or anticipated during the discharge of CM/GC's pre-construction duties. See Tennessee Code 54-1-502
- Commissioner: means the commissioner of transportation. See Tennessee Code 54-1-502
- Department: means the department of transportation. See Tennessee Code 54-1-502
- Design-builder: means a business firm or joint venture that is able to provide both design and construction services for a transportation project, including, but not limited to, design, right-of-way acquisition, or utility relocation, as well as construction of the project. See Tennessee Code 54-1-502
- GMP: means the total dollar amount within which the CM/GC commits to complete construction of the project, or the PDB commits to complete the final design and construction of the project, including the CM/GC's or PDB's direct costs, overhead, and profit, plus any authorized contingency. See Tennessee Code 54-1-502
- PDB: means a design-builder that is able to provide pre-construction services during the preliminary design and development phase of a transportation project, including, but not limited to, constructability review, scheduling, pricing, and phasing, and is able to complete the final design and construct the project if the department and the design-builder agree to a guaranteed maximum price. See Tennessee Code 54-1-502