Independent Cost Estimate Sample Clauses

Independent Cost Estimate. An estimate of the Cost of the Work prepared by the Independent Cost Estimator independently of the Department, Design Consultant, and the CM/GC, based on the available Project design and construction information.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Independent Cost Estimate. The City shall have the right, but not the obligation, to have an independent cost estimate conducted by an estimator designated by the City and at the City’s expense. The Design Consultant shall be available to answer the estimator’s questions regarding the design and to attend meetings with the estimator as reasonably necessary to reconcile the Design Consultant’s estimate with the independent estimate and the Design Consultant shall not be entitled to additional compensation under this Agreement.
Sample 1

Related to Independent Cost Estimate

  • Cost Estimate An estimate of the total project cost including but not limited to direct expenses, indirect expenses, land cost, and capital expenses.

  • Estimate The Engineer shall independently develop and report quantities necessary to construct the contract in standard State bid format at the specified milestones and Final PS&E submittals. The Engineer shall prepare each construction cost estimates using Estimator or any approved method. The estimate shall be provided at each milestone submittal or in DCIS format at the 95% and Final PS&E submittals per State’s District requirement.

  • Preliminary Cost Estimate Consulting Engineer/Architect shall furnish City an estimate of probable Construction Cost based on the preliminary design. Consulting Engineer/Architect's estimate of probable Construction Cost is to be made on the basis of Consulting Engineer/Architect's experience and qualifications and represent Consulting Engineer/Architect's best judgment as an experienced and qualified design professional, familiar with the construction industry.

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

Time is Money Join Law Insider Premium to draft better contracts faster.