Common use of Estimated Cost of the Work Clause in Contracts

Estimated Cost of the Work. The proposed GMP Change Order shall include separately identified dollar amounts, stated as a maximum (not to exceed) sum, for Actual Costs as estimated by the CM/GC for the complete construction of the Project, which amount shall include all Trade Contract and Subcontract Sums, costs of materials. The estimated costs shall include the Actual Cost components of approved Component Change Orders (exclusive of CM/GC Construction Fee, Overhead Costs, and Contingency) but not the lump sum amounts of any other approved Change Orders (See Item (g) below).

Estimated Cost of the Work. The proposed GMP Change Order shall include separately identified dollar amounts, stated as a maximum (not to exceed) sum, for Actual Costs as estimated by the CM/GC CMR for the complete construction of the Project, which amount shall include all Trade Contract and Subcontract Sums, costs of materials. The estimated costs shall include the Actual Cost components of approved Component Change Orders (exclusive of CM/GC CMR Construction Fee, Overhead Costs, Costs and Contingency) but not the lump sum amounts of any other approved Change Orders (See Item (g) below).

Estimated Cost of the Work. The proposed GMP Change Order shall include separately identified dollar amounts, stated as a maximum (not to exceed) sum, for Actual Costs as estimated by the CM/GC CMR for the complete construction of the Project, which amount shall include all Trade Contract and Subcontract Sums, costs of materials. The estimated costs shall include the Actual Cost components of approved Component Change Construction Orders (exclusive of CM/GC CMR Construction Fee, Overhead Costs, Costs and Contingency) but not the lump sum amounts of any other approved Change Orders (See Item (g) below).