DESIGN NOT TO EXCEED Sample Clauses

DESIGN NOT TO EXCEED. 6.1 The Professional understands and acknowledges that the Owner has established a budget for the Project. The Approved Construction Budget is $ .00 Dollars. 6.2 The Professional agrees to design the Project so that the actual Total Project Construction Cost does not exceed the Approved Construction Budget recited above. 6.3 In the event it is discovered at any phase of design that the estimated Total Project Construction Cost of the work is in excess of the Approved Construction Budget, or the bids received are in excess of the Approved Construction Budget, the Professional shall revise, at its own cost and expense, all or any part of the Schematic Deliverables, the Design Development Deliverables, the Construction Documents or the Bid Documents necessary to bring the estimated Total Project Construction Cost within the Approved Construction Budget. In order to reduce the estimated Total Project Construction Cost to the Approved Construction Budget, the Professional shall, in addition to the above, at the Owner’s request and at no additional cost to the Owner, (i) provide value engineering to reduce the estimated Total Project Construction Cost to the Approved Construction Budget; (ii) assist the Owner in redefining the scope of the Project; (iii) incorporate all scope reductions and Project modifications into the modified Schematic Deliverables, Design Development Deliverables, Construction Documents or Bid Documents; and (iv) develop and incorporate bid alternates into the Construction Documents and Bid Documents.
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DESIGN NOT TO EXCEED. Section 7.1 The Professional understands and acknowledges that the Owner has established a budget for each Project. The Approved Construction Budget shall be evidenced on the Owner’s Scope, Budget and Schedule Confirmation form. As may be required by the Owner, a Scope, Budget and Schedule Confirmation form shall be signed and submitted to the Owner as part of the proposal submission requirements. Section 7.2 The Professional agrees to design each Project so that the actual Cost of Construction does not exceed the Approved Construction Budget included on the Scope, Budget and Schedule Confirmation form, unless the Approved Construction Budget has been revised pursuant to a new Scope, Budget and Schedule Confirmation form signed by the Owner and the Professional, and if necessary, the Client. Section 7.3 In the event it is discovered at any phase of design that the estimated Cost of Construction of the work is in excess of the Approved Construction Budget, or the bids received are in excess of the Approved Construction Budget, the Professional shall revise, at the Owner’s request, at no additional cost to the Owner, and at the Professional’s own cost and expense, all or any part of the Pre- Schematic Deliverables, the Schematic Deliverables, the Design Development Deliverables, the Construction Documents or the Bid Documents necessary to bring the estimated Cost of Construction within the Approved Construction Budget. In order to reduce the estimated Cost of Construction to the Approved Construction Budget, the Professional shall, in addition to the above, at the
DESIGN NOT TO EXCEED 

Related to DESIGN NOT TO EXCEED

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