Common use of Engineer’s Estimate Clause in Contracts

Engineer’s Estimate. The engineer retained by the Responsible Party (“Responsible Party’s Engineer”) shall prepare and provide an itemized estimate (“ Engineer’s Estimate”) to construct the Public Improvements. The Responsible Party’s Engineer shall be a professional engineer, P.E., licensed to work in the state of South Dakota. Each line item used to create the estimate shall either be a City standard bid item or a similar line item that clearly defines the scope of work. Each line item shall include a description, quantity, unit price, and total price. The total sum of all line items shall be included at the bottom of the Engineer’s Estimate. Proof of actual costs may be utilized to develop the Engineer’s Estimate. The Engineer’s Estimate will be subject to the approval of the City Engineer. In the event there will be oversizing or material reimbursement payments made by the City to the Responsible Party, said payment may be shown as a credit in arriving at the Engineer’s Estimate.

Engineer’s Estimate. The engineer retained by the Responsible Party (“Responsible Party’s Engineer”) shall prepare and provide an itemized estimate (“ “Engineer’s Estimate”) to construct the Public Improvements. The Responsible Party’s Engineer shall be a professional engineer, P.E., licensed to work in the state of South Dakota. Each line item used to create the estimate shall either be a City standard bid item or a similar line item that clearly defines the scope of work. Each line item shall include a description, quantity, unit price, and total price. The total sum of all line items shall be included at the bottom of the Engineer’s Estimate. Proof of actual costs may be utilized to develop the Engineer’s Estimate. The Engineer’s Estimate will be subject to the approval of the City Engineer. In the event there will be oversizing or material reimbursement payments made by the City to the Responsible Party, said payment may be shown as a credit in arriving at the Engineer’s Estimate.