Common use of COST MODEL AND COST ESTIMATES Clause in Contracts

COST MODEL AND COST ESTIMATES. 1) Within 30 calendar days of the date of the Notice to Proceed, the Construction Manager shall review all available information regarding the design and scope of the project, and based upon that review shall develop a Cost Model for the entire project for review by the Department. The cost model shall be prepared in a format agreed upon in advance by the Department and the Construction Manager. It will be based on the Department's list of standard pay items. The Construction Manager will work with the Department to develop the proposed form for the Cost Model and the GMP and obtain the Department's approval of the form or make changes in the proposed form as requested by the Department

COST MODEL AND COST ESTIMATES. 1) Within 30 calendar days of the date of the Notice to Proceed, the Construction Manager shall review all available information regarding the design and scope of the project, and based upon that review shall develop a Cost Model for the entire project for review by the Department. The cost model shall be prepared in a format agreed upon in advance by the Department and the Construction Manager. It will be based on the Department's list of standard pay items. The Construction Manager will work with the Department to develop the proposed form for the Cost Model and the GMP and obtain the Department's approval of the form or make changes in the proposed form as requested by the Department