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GSAM

GSAM

Change Number: Change 178 GSAR Case 2020-G511
Effective Date: 03/25/2024

536.204 Disclosure of the magnitude of construction projects.

536.204 Disclosure of the magnitude of construction projects.

(a)  For construction projects over $10,000,000, show the magnitude in ranges having increments of $10,000,000 (e.g.,$25,000,000 to $35,000,000). The contracting officer may show the magnitude in ranges using a multiple of $10,000,000 (e.g., $70,000,000 to $100,000,000), but the lower figure shall be at least half of the higher figure.

(b)  For the CMc project delivery method:

(1) The range maximum is the total evaluated price, as described at 536.7103(b)(3), that the Government will accept, inclusive of the design phase services, guaranteed maximum price option(s), and other separately priced line items.

(2)  Advanced notices and solicitations may state Government budget (e.g. prospectus) information for the guaranteed maximum price, as described at 536.7102, for construction services.