Cost Control Management. Lessee shall prepare, based upon design documents prepared by Architect or Engineer and identified by the District, its own cost estimate of the total construction cost of the Project at several intervals, as specified in this Scope of Work. Lessee shall compare its cost estimate with the cost estimate independently prepared by Architect or Engineer for these same design documents, and endeavor to resolve discrepancies in the estimates to the satisfaction of the District, with the goal that both cost estimates are less than or equal to the District's Construction Budget. Lessee shall recommend, if necessary, appropriate modifications of the design documents to lower both Xxxxxx’s and the Architect or Engineer’s independent estimates to amounts equal to or lower than the Construction Budget. Lessee’s cost estimates shall be provided according to Uniformat standards and as specified below, and arranged in Uniformat format (a building systems organization format). Construction cost estimates shall be developed/updated and submitted as part of each of the following submittals:
Cost Control Management. Lessee shall prepare, based upon design documents prepared by Architect or Engineer and identified by the District, its own cost estimate of the total construction cost of the Project at several intervals, as specified in this Scope of Work. The cost estimate shall identify all trades and unit costs. Lessee shall also identify all allowances, contingencies, General Condition costs, Special Condition costs (if any), and fees. If any cost estimate submitted to the District exceeds previously-approved estimates for the Construction Budget, Lessee shall make appropriate recommendations to the District for getting the Project back within budget. All estimates shall be broken down by trade and specification section and shall include a variance report that shows the differences between the estimates at various stages. Lessee shall compare its cost estimate with the cost estimate independently prepared by Architect or Engineer for these same design documents, and endeavor to resolve discrepancies in the estimates to the satisfaction of the District, with the goal that both cost estimates are less than or equal to the District’s Construction Budget. Lessee shall recommend, if necessary, appropriate modifications of the design documents to lower both Xxxxxx’s and Architect or Engineer’s independent estimates to amounts equal to or lower than the Construction Budget. Lessee’s cost estimates shall be provided according to Uniformat standards and as specified below, and arranged in Uniformat format (a building systems organization format). Construction cost estimates shall be developed/updated and submitted as a part of each of the following submittals:
Cost Control Management. As an initial task, the Service Provider shall review the Budgeted Direct Construction Cost and determine if it is sufficient to construct the Project. The Service Provider shall prepare a cost estimate and evaluate the estimate against the construction budget and recommend, if necessary, the appropriate action to avoid potential cost overruns. The Service Provider shall establish target values for the cost of each Project element to be used as a basis of design and cost monitoring. The Service Provider shall monitor the budget as compared to the Project scope through the preconstruction phase. If changes are suggested to the Project scope that may cause Project cost overruns Service Provider shall notify the Trustees in writing as part of the regular Project development meetings. If the estimate is above the Project budget, the Service Provider shall participate in value engineering to lower the Project cost to within the budget, and recommend the appropriate action to avoid potential cost overruns.
Cost Control Management. Contractor shall prepare a written report based upon Design Documents prepared by the Architect or Engineer and identified by the AOC, its own cost estimate of the total construction cost of the Project at several times, as specified in this SOW. Contractor shall compare their cost estimate with the cost estimate independently prepared by the Architect or Engineer for these same design documents and endeavor to resolve discrepancies in the estimates to the satisfaction of the AOC, and with the goal that both cost estimates are less than or equal to the AOC’s Construction Budget. Contractor shall recommend, if necessary, appropriate modifications of the Design Documents to lower both the Contractor’s and the Architect or Engineer’s independent estimates to amounts equal to or lower than the Construction Budget. Contractor’s cost estimates shall be provided according to ASTM Uniformat II standards and as specified below, and arranged in Uniformat format (a building systems organization format). Construction cost estimates shall be developed/updated and submitted as a part of each of the following submittals:
Cost Control Management. CMR shall prepare, based upon Design Documents prepared by the Architect or Engineer and identified by the Judicial Council, its own cost estimate of the total construction cost of the Project at several times, as required in the Contract Documents. CMR shall compare their cost estimate with the cost estimate independently prepared by the Architect or Engineer for these same design documents and endeavor to resolve discrepancies in the estimates to the satisfaction of the Judicial Council, and with the goal that both cost estimates are less than or equal to the budget amounts Judicial Council provides to the CMR. CMR shall recommend, if necessary, appropriate modifications of the Design Documents to lower both the CMR’s and the Architect or Engineer’s independent estimates to amounts equal to or lower than the budget amounts Judicial Council provides to the CMR. CMR’s cost estimates shall be provided according to Uniformat standards and as specified below, and arranged in Uniformat format (a building systems organization format). Construction cost estimates shall be developed/updated and submitted as a part of each of the following submittals:
