The aim of this paper is to develop an understanding of Guaranteed Maximum Price and review awareness and its application to building procurement in Perth, Western Australia. The objectives were to determine the definition of Guaranteed Maximum Price (GMP), establish the relevance of GMP to the...

Relationships between actors in organizations are incrementally refined evolving strategies that change the context in which partner organizations act. The development of relationships is an iterative and evolutionary learning process that has many implicit characteristics. Three important...