Common use of Cost Control Subsystem Clause in Contracts

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail to permit the Construction Team to control and adjust the Project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other Project costs, will not exceed the maximum total Project budget. Requirements of this subsystem include the following submissions at the following phases of the Project: (a) At completion of Advanced Schematic Preconstruction Phase For Each Item Or Bid Package.

Appears in 2 contracts

Samples: Building Construction Agreement, Building Construction Agreement

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Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail to permit the Construction Team to control and adjust the Project project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other Project project costs, will not exceed the maximum total Project project budget. Requirements of this subsystem include the following submissions at the following phases of the Projectproject: (a) At completion of Advanced Schematic Preconstruction Phase For Each Item Or Bid Package.

Appears in 2 contracts

Samples: Construction Project Agreement, Construction Project Agreement

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail as applicable to permit the Construction Team DESIGN-BUILD FIRM to control and adjust the Project project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other Project costs, will not exceed the maximum total Project budgetelements. Requirements of this subsystem include the following submissions at the following phases of the Project: project: Phase I (a) At completion Planning/ 60% design/ establishment of Advanced Schematic Preconstruction the Guaranteed Maximum Price), Phase For Each Item Or Bid PackageII (100% design and construction).

Appears in 1 contract

Samples: Design Build Agreement

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely cost data and detail to permit the Construction Team Contractor to control and adjust the Project requirements, needs, materials, equipment and systems by building and site elements for each Project so that construction the Work will be completed at a cost which, together with all other Project costs, will not exceed within the maximum total applicable Project budget. Requirements of this subsystem include the following submissions at the following phases of the each Project: (a) 4.1 Pre-Construction Phase Estimates; and 4.2 At completion establishment of Advanced Schematic Preconstruction Phase For Each Item Or Bid Packagethe Contract Amount for each Project.

Appears in 1 contract

Samples: Construction Management Services Agreement

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Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely cost data and detail to permit the Construction Team Contractor to control and adjust the Project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other Project costs, will not exceed the maximum total Project budget. Requirements of this subsystem include the following submissions at the following phases of the Project: (a) At completion establishment of Advanced Schematic Preconstruction Phase For Each Item Or Bid Packagethe Guaranteed Maximum Price.

Appears in 1 contract

Samples: Contractor Services Agreement

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