Common use of Construction Cost Budget Clause in Contracts

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design Construction Cost Budget. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design Development Phase revisions to the Construction Cost Budget. Architect shall provide a Construction Cost Budget sorted by Project Bid Packages, if more than one. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Construction Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not may include any design contingencies of no more than five percent (5%) in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design fifty percent (50%) Construction Documents Phase revisions to the Construction Cost Budget. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Construction Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design 50% Construction Documents Phase revisions to the Construction Cost Budget. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design fifty percent (50%) Construction Documents Phase revisions to the Construction Cost Budget. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Construction Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design 50% Construction Documents Phase revisions to the Construction Cost Budget.Budget.‌ (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect.Architect.‌‌‌ (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. ‌ (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design Construction Cost Budget.Budget.‌ (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect.Architect.‌ (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.

Construction Cost Budget. (i) Revise the Construction Cost Budget for the Project. Along with the conditions identified in the preceding phases, Architect shall update and refine the Schematic Design fifty percent (50%) Construction Documents Phase revisions to the Construction Cost Budget. (ii) The Construction Cost Budget for the Project must at no point exceed the relevant portion of the District’s Project Construction Budget. The accuracy of the Construction Cost Budget shall be the responsibility of the Architect. (iii) The Architect shall submit its proposed Construction Cost Budget to the District and the Construction Manager for review and approval. At that time, the Architect shall coordinate with the District and the Construction Manager and/or Cost Consultant to further develop, review, and reconcile the Construction Cost Budget. (iv) At this stage of the design, the Construction Cost Budget shall not include any design contingencies in excess of the cost estimates.