Common use of Opinions of Cost Clause in Contracts

Opinions of Cost. Since ENGINEER has no control over the cost of labor, materials, equipment or services furnished by others, or over the contractor(s)' methods of determining prices, or over competitive bidding or market conditions, his opinions of probable Project costs and construction cost provided for herein are to be made on the basis of his experience and qualifications and represent his best judgment as an experienced and qualified professional engineer, familiar with the construction industry; but Engineer cannot and does not guarantee that proposals, bids, or actual Project or construction cost will not vary from opinions of probable cost prepared by him. If prior to the bidding or negotiating phase, OWNER wishes greater assurance as to Project or construction cost he shall employ an independent cost estimator as provided in Section 3.

Opinions of Cost. Since ENGINEER has no control over the cost of labor, materials, equipment or services furnished by others, or over the contractor(s)' Contractor's methods of determining prices, ; or over competitive bidding or market conditions, his opinions of probable Project project cost or construction costs and construction cost provided for by herein are to be made on the basis of his experience and qualifications and represent his best judgment as an experienced and qualified professional engineer, ENGINEER familiar with the construction industry; but Engineer ENGINEER cannot and does not guarantee that the proposals, bids, bids or actual Project project or construction cost will not vary from opinions of probable cost prepared by him. If If, prior to the bidding or negotiating negotiation phase, OWNER wishes greater assurance as to Project project or construction cost cost, he shall employ an independent cost estimator estimator. Engineering services to modify the Contract Documents, to bring the construction costs within any limitation established by OWNER will be considered Additional Services and paid for as provided in Section 3such by OWNER.