Common use of FINANCIAL UPDATES Clause in Contracts

FINANCIAL UPDATES. MaineDOT’s Project Manager will review the estimated Project Cost with the Municipality at Plan Impacts Complete and at final Plans, Specifications & Estimate (PS&E).

FINANCIAL UPDATES. MaineDOT’s Project Manager will review the estimated Project Cost with the Municipality at final Preliminary Design Report (PDR), at Plan Impacts Complete (PIC), and at final Plans, Specifications & Estimate (PS&E). At each milestone, the Municipality shall provide MaineDOT’s Project Manager with one of the following: An email acknowledging the estimate and affirming its commitment to the Project; or A letter requesting to withdraw the Project and reimburse MaineDOT for all costs incurred.

FINANCIAL UPDATES. MaineDOT’s The MaineDOT Project Manager will review the estimated Project Cost with the Municipality at these milestones: At Plan Impacts Complete Complete; and at At final Plans, Specifications & Estimate (PS&E).