Common use of Implement System Clause in Contracts

Implement System. The Design-Builder shall monitor costs and implement the system of cost control for the Work, revise from time to time the Construction Budget with approved changes, and develop cash flow reports and forecasts as requested by the Owner. The Design-Builder shall identify variances between actual and estimated costs and report the variances to the Owner and Program Manager at regular intervals.

Implement System. The Design-Builder shall monitor costs and implement the system of cost control for the Work, revise from time to time the Construction Budget with approved changes, and develop cash flow reports and forecasts as requested by the Owner. The Design-Builder shall identify variances between actual and estimated costs and report the variances to the Owner and Program Manager Executive Administrator at regular intervals.