Optional Service. The Design/Build Contractor is responsible for preparing and updating all procurement and construction cost estimates and, in addition, shall provide and employ an independent specialized construction cost estimation firm to prepare additional corresponding procurement and construction cost estimates. The Design/Build Contractor shall be required to reconcile the two independent cost estimates at each design schedule milestones. The Design/Build Contractor shall distribute all cost estimates to the Project Team throughout the duration of the Project.
Appears in 5 contracts
Samples: Design/Build Agreement, Design/Build Agreement, Design/Build Agreement