Common use of OPINIONS OF PROBABLE COSTS Clause in Contracts

OPINIONS OF PROBABLE COSTS. Engineer’s opinions (if any) of probable construction costs are to be made on the basis of Engineer’s experience, qualifications, and general familiarity with the construction industry. However, because Engineer has no control over the cost of labor, materials, equipment, or services furnished by others, or over contractors’ methods of determining prices, or over competitive bidding or market conditions, Engineer cannot and does not guarantee that proposals, bids, or actual construction cost will not vary from opinions of probable construction cost prepared by Engineer. If Owner requires greater assurance as to probable construction cost, then Owner agrees to obtain an independent cost estimate.

Appears in 7 contracts

Samples: www.oskaloosaiowa.org, www.oskaloosaiowa.org, www.oskaloosaiowa.org

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