Common use of 90% Review and Estimate of Construction Cost Clause in Contracts

90% Review and Estimate of Construction Cost. Based on the information contained in the Plans and Specifications, Consultant shall submit, at 90% completion of this Phase, a revised opinion and detailed estimate of Project construction costs, with phasing and scheduling recommendations, coordinated with the Schedule. The detailed estimate shall be organized by CSI or construction trade sections and based on quantities and unit costs with no line item greater than 5% of the total estimate amount. The estimate shall reflect the anticipated value of the low, responsible responsive bid on the construction contract for the project. If the cost estimate based on the final Plans and specifications exceeds the project budget as defined in Appendix F, Project Scope as may be amended, the Consultant shall recommend revisions to the plans and specifications that will reduce costs to the budget amount and upon approval of the District, shall make such revisions.

90% Review and Estimate of Construction Cost. Based on the information contained in the Plans and Specifications, Consultant shall submit, at 90% completion of this Phase, a revised opinion and detailed estimate of Project construction costs, with phasing and scheduling recommendations, coordinated with the Schedule. The detailed estimate shall be organized by CSI or construction trade sections and based on quantities and unit costs with no line item greater than 5% of the total estimate amount. The estimate shall reflect the anticipated value of the low, responsible responsive bid on the construction contract contracts for the project. If the cost estimate based on the final Plans and specifications exceeds the project construction budget as defined in Appendix F, Project Scope as may be amended, the Consultant shall recommend revisions to the plans and specifications that will reduce costs to the budget amount and upon approval of the District, shall make such revisions.