# Guaranteed Maximum Price Clause

**IRI:** https://folio.openlegalstandard.org/RBhpxuVP1KPa3qKKM4U0LlL

## Labels

**Translations:**

- de-de: Garantierte Höchstpreisklausel
- en-gb: Guaranteed Maximum Price Clause
- es-es: Cláusula de Precio Máximo Garantizado
- es-mx: Cláusula de Precio Máximo Garantizado
- fr-fr: Clause de prix maximum garanti
- he-il: סעיף מחיר מקסימלי מובטח
- hi-in: गारंटीड मैक्सिमम प्राइस क्लॉज
- ja-jp: 保証最高価格条項
- pt-br: Cláusula de preço máximo garantido
- zh-cn: 保证最高价格条款

## Definition

A Guaranteed Maximum Price Clause is a provision in a contract that sets a limit on the amount that a party will be required to pay for a project, ensuring that the cost will not exceed a certain amount.

## Sub Class Of

- https://folio.openlegalstandard.org/RClEPD3LQVJMcRPGY9oXVXU

**Deprecated:** False