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GMP Contracts and Amendment- FAQs

Frequently Asked Questions about GMP contracts and their amendment features in INGENIOUS.BUILD.

JD Williams avatar
Written by JD Williams
Updated over 2 weeks ago

1. Can I change an existing contract from Lump Sum to GMP?

No, existing contracts cannot be converted to GMP. Only new contracts can be set up with the GMP contract type.


2. How can I revert an amendment to draft?

To request an amendment be reverted to draft, contact customer support using the chat icon in the bottom-right corner of the platform.


3. Can I change the project settings contract type from Lump Sum to GMP?

This feature is not available at the moment. Stay tuned for future updates.


4. What happens after the initial contract execution?

After executing the initial contract, you can begin creating amendments. Once all required amendments are finalized, you can proceed with executing the original contract.


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