Cost Estimate and Project Schedule. Upon completion of the Design Development Phase for each phase of the PROJECT or appropriate portion thereof, the CM, with the assistance of the A/E, shall prepare and submit a Detailed Estimate of Construction Cost and a Project Schedule indicating milestone completion dates for approval by the COUNTY. In establishing the Detailed Estimate of Construction Cost, the CM shall include reasonable contingencies for design, bidding and price escalation and determine in conjunction with the A/E and the COUNTY the materials, equipment, component systems and types of construction to be included in the Contract Documents. The CM and the A/E shall review any difference between the Construction Budget or the Statement of Probable Construction Cost and the Detailed Estimate of Construction Cost, identify reasons for any difference and recommend means to eliminate the difference, if necessary. The CM, the A/E and the COUNTY shall agree upon the means to eliminate any difference between the Construction Budget and the Detailed Estimate of Construction Cost, and the CM shall prepare a report describing the agreed upon means. The CM and the A/E shall review any differences between the Preliminary Project Schedule and the Project Schedule, identify reasons for the differences and recommend whether the differences should be eliminated and, if necessary, means to eliminate the differences. If the CM, the A/E and the COUNTY agree to eliminate any such differences, the CM shall prepare a report describing the agreed upon means. The CM, the A/E and the COUNTY shall make any necessary amendments to the Approved Program of Requirements in accordance herein with Subparagraph 2.6., Approved Program of Requirements and Revisions.
Cost Estimate and Project Schedule. Upon completion of the Design Development Phase for each phase of the Project or appropriate portion thereof, the Associate shall prepare and submit a Detailed Estimate of Construction Cost and a Project Schedule indicating milestone completion dates for approval by the Owner. In establishing the Detailed Estimate of Construction Cost, the Associate shall include reasonable contingencies for design, bidding and price escalation and determine in conjunction with the Owner the materials, equipment, component systems and types of construction to be included in the Contract Documents. The Associate shall review any difference between the Construction Budget or the Statement of Probable Construction Cost and the Detailed Estimate of Construction Cost, identify reasons for any difference and recommend means to eliminate the difference, if necessary. The Associate and the Owner shall agree upon the means to eliminate any difference between the Construction Budget and the Detailed Estimate of Construction Cost, and the Associate shall prepare a report describing the agreed upon means. The Associate shall review any differences between the Preliminary Project Schedule and the Project Schedule, identify reasons for the differences and recommend whether the differences should be eliminated and, if necessary, means to eliminate the differences. If the Associate and the Owner agree to eliminate any such differences, the Associate shall prepare a report describing the agreed upon means. The Associate and the Owner shall make any necessary amendments to the Approved Program of Requirements in accordance with Subparagraph 2.2.2.
Cost Estimate and Project Schedule. Based upon the Program of Requirements and the Design Development Documents, the Architect shall assist the Construction Manager to prepare and submit a Detailed Estimate of Construction Cost and a Project Schedule indicating milestone completion dates for approval by the School District Board. In establishing the Detailed Estimate of Construction Cost, the Construction Manager shall include reasonable contingencies for design, bidding and price escalation and determine in conjunction with the School District Board and the Architect the materials, equipment, component systems and types of construction to be included in the Contract Documents. The Architect and the Construction Manager shall review any difference between the Construction Budget or the Statement of Probable Construction Cost and the Detailed Estimate of Construction Cost, identify reasons for any difference and recommend means to eliminate the difference, if necessary. The Architect, the Construction Manager and the School District Board shall agree upon the means to eliminate any difference between the Construction Budget and the Detailed Estimate of Construction Cost, and the Construction Manager shall prepare a report describing the agreed upon means. The Architect and the Construction Manager shall review any differences between the initial Project Schedule and the updated Project Schedule, identify reasons for the differences and recommend whether the differences should be eliminated and, the means to eliminate the differences. If the Architect, the Construction Manager and the School District Board agree to eliminate any such differences, the Construction Manager shall prepare a report describing the agreed upon means. The Architect, the Construction Manager and the School District Board shall make any necessary amendments to the Program of Requirements in accordance with Subparagraph 2.2.2.
Cost Estimate and Project Schedule. 1 Upon completion of the Design Development Stage for each phase of the Project or appropriate portion thereof, the A/E shall prepare and submit, for the Owner’s approval, a Detailed Estimate of Construction Cost and a Project Schedule indicating Milestone completion dates. .2 In establishing the Detailed Estimate of Construction Cost, the A/E shall include reasonable contingencies for design, bidding, and price escalation and determine, in conjunction with the Owner, the materials, equipment, component systems, and types of construction to be included in the Contract Documents.
Cost Estimate and Project Schedule. Upon completion of the Design Development Phase, Project Manager, with the assistance of Architect, shall prepare and submit a Detailed Estimate of Construction Cost. If the Detailed Estimate of Construction Cost exceeds the total Project Budget, Project Manager shall identify reasons for and recommend means to eliminate such excess. Project Manager, Architect and Owner shall agree upon the means to eliminate the excess or revise the Project Budget, and Project Manager shall prepare a report describing the agreed upon means.
Cost Estimate and Project Schedule. 2.4.4.1 The CM, with the assistance of the A/E, shall prepare and submit to the Contracting Authority and the Owner, for review and approval, a Detailed Estimate of Construction Cost, based on current area, volume, and other unit costs, and a Project Schedule indicating Milestone completion dates.
Cost Estimate and Project Schedule. 2.5.3.1 As the Drawings and Specifications are developed, the A/E shall inform the CM, the Owner, and the Contracting Authority of the need for any changes in Project requirements or in construction materials, systems, or equipment and of the need for any adjustments in the Detailed Estimate of Construction Cost and the Project Schedule.
