Feasibility Study Phase Sample Clauses
The Feasibility Study Phase clause defines the initial stage of a project where the parties assess whether the proposed work is practical and achievable. During this phase, the parties typically conduct research, analyze technical and financial aspects, and may prepare reports or recommendations to determine if the project should proceed. This clause ensures that resources are not committed to a project without first confirming its viability, thereby reducing the risk of investing in unworkable or unprofitable ventures.
Feasibility Study Phase. 7.3.1 The Designer shall familiarize itself with the Authority’s Guidelines and Standards for feasibility studies that further specify the work to be performed by the Designer during this Phase and shall perform its Feasibility Study Phase services in accordance with such Guidelines and Standards and the provisions of this Contract. The Designer shall meet with the Owner to arrive at a mutual understanding of the requirements of the Feasibility Study. The Designer shall submit a proposed work plan including anticipated tasks and submittals.
7.3.2 The Owner is required to ascertain the Authority’s input and approval throughout the study process; therefore, the Designer shall develop and prepare the documentation required by the Feasibility Study to assist the Owner in securing the Authority’s concurrence and/or approval at the following milestones before proceeding to the next milestone (Note that some of the approvals to move to the next milestone require a vote of the Authority’s Board of Directors):
(a) Preliminary design program;
(b) Budget Statement for Educational Objectives, as defined by 963 CMR 2.02;
(c) Development of alternatives to be studied;
(d) Preliminary evaluation of alternatives;
(e) Final Evaluation of Alternatives;
(f) Recommendation to the Authority’s Board of Directors of the preferred alternative that will be advanced to schematic design.
7.3.3 The Designer shall cooperate with the Owner and the Authority to define and develop a few reasonable, educationally sound, cost effective, and practical solutions for the Owner and Authority’s evaluation that satisfy the Owner’s educational program requirements that were provided by the Owner to the Designer. The alternatives considered shall address the following as a minimum:
(a) Analysis of school district student school assignment practices and available space in other schools in the district; and
(b) Tuition agreements with adjacent school districts (per M.G.L. c.70B §8); and
(c) Rental or acquisition of existing buildings that could be made available for school use. (per M.G.L. c.70B §8); and
(d) Renovation and/or addition to existing building(s) and related facilities or fields, if appropriate to the Project; and
(e) No-build or status quo option, to be used as a benchmark for comparative analysis of all other alternatives; and
(f) In some cases, it may also be appropriate to consider construction of new building and the evaluation of potential locations.
7.3.4 Feasibility Study submitt...
Feasibility Study Phase. The Designer’s services shall consist of a feasibility study relating to the proposed renovation/expansion of the existing building, or construction of a new building.
.1 The Designer shall provide a minimum of ( ) conceptual design approaches for the new building or renovation/addition. Feasibility Study submittals shall be provided pursuant to Section 4.2 and shall be subject to the written Approval of the Town.
.2 The Designer shall prepare an architectural feasibility study for proposed new construction or a renovation/addition to the existing facility. The study shall include conceptual architectural plans, engineering studies, cost estimates and project schedules and work plans.
.3 The Designer shall present a written recommendation with supporting documents and explain the Feasibility Study to the Town. The Town will select a “Preferred Option” that will be developed through the Schematic Design phase.
.4 The Designer shall prepare presentation materials of the “Preferred Option” as may be required for submission to various Town Boards, Committees and Public Hearings as part of basic Services.
.5 The Designer shall meet with the Town at least every other week during this Phase.
Feasibility Study Phase. (Set Fee for Study: _$ ) The Designer’s services shall consist of a feasibility study relating to the proposed renovation/expansion of the existing building, such study to make use of prior studies conducted by the Town:.
.1 The Designer shall provide a minimum of ( ) conceptual design approaches for the new building or renovation/addition. Feasibility Study submittals shall be provided pursuant to Section 4.2 and shall be subject to the written Approval of the Town.
.2 The Designer shall prepare an architectural feasibility study for proposed new construction or a renovation/addition to the existing facility. The study shall include conceptual architectural plans, engineering studies as needed, cost estimates and project schedules and work plans.
.3 The Designer shall present a written recommendation with supporting documents and explain the Feasibility Study to the Town. The Town will select a “Preferred Option” that will be developed through the Schematic Design phase.
.4 The Designer shall prepare presentation materials of the “Preferred Option” as may be required for submission to the Building Committee / Working Group.
.5 The Designer shall meet with the Town at least every other week during this Phase.
Feasibility Study Phase