King & Spalding's April 2025 experience: commercial-cloud projects below $500M tended to use GMP; $5–10B AI/hyperscale projects tended to use target-price painshare/gainshare
<$500Mobserved
| Value kind | observed — Reported measurements, counts, and specifications keep the precision and scope stated by their source; an exact specification is not treated as a range. |
|---|---|
| Scope | Law-firm experience with compensation mechanisms; not a surveyed market threshold or a rule selecting EPCM |
| As of | 2025-04 |
| Source | King & Spalding, Building Data Centers – Key Considerations · Procurement models section: <$500M projects tend to GMP; $5-10B AI/hyperscale programs use target-price with painshare/gainshare |
| Review | checking…review by 2027-04-30 · standard cadence |
| Recorded changes | last 2026-10-05 · 4 revisions tracked |
| Claim id | build-cost-threshold-below-which-gmp |
Where the guide uses it
← Full numbers register — every date-stamped figure in the guide, with revision history.