Cost Engineering Clause Samples

Cost Engineering. Prepare monthly invoices for Contract services with adequate budget allocation for actual costs incurred; check for compliance to Contract compensation requirements; monitor charges to established WBS codes to support cost control and reporting; verify appropriateness of charges; and respond to RCTC questions or comments on invoicing. Develop budgeting for work tasks for ▇▇▇▇▇▇▇’ activities; assign tasks against the WBS; monitor labor charges and expenses for validity and proper coding; and provide progress and reporting support for internal management and client needs. Review monthly invoices/progress payments submitted by the Design-Builder and Systems Integrator as to compliance with Contract requirements and progress achieved on the Project. Coordinate development of reports related to RCTC program costs that are external and internal to the PCM Contract. Coordinate with Design-Builder to develop additional reports, as necessary.