CO ST O F TH E PRO J ECT AND CO NSTRUCTIO N M ANAGER’ S FEE Sample Clauses

CO ST O F TH E PRO J ECT AND CO NSTRUCTIO N M ANAGER’ S FEE. 9.1 The CM shall develop and maintain an effective system of Project Cost Control that is satisfactory to the Owner. Revise and refine the initially approved Project Construction Budget, incorporate approved changes as they occur, and develop cash flow reports and forecasts as needed. Identify variances between actual and budgeted or estimated costs and advise Owner and AE whenever projected costs exceed budgets or estimates. Cost Control reports shall be included as part of the monthly project report as outlined herein.
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Related to CO ST O F TH E PRO J ECT AND CO NSTRUCTIO N M ANAGER’ S FEE

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