Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely cost data and detail to permit Construction Contractor to control and adjust the Project requirements, needs, materials, equipment and systems by building and site elements so that the Work will be completed at a cost which, together with the Construction Management Fee, will not exceed the GMP. Requirements of this subsystem include submissions at the following phases of the Project:
Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail as applicable to permit the DESIGN-BUILD FIRM to control and adjust the project requirements, needs, materials, equipment and systems by building and site elements. Requirements of this subsystem include the following submissions at the following phases of the project: Phase I (Planning/ 60% design/ establishment of the Guaranteed Maximum Price), Phase II (100% design and construction).
