Common use of Preliminary Cost Estimate Clause in Contracts

Preliminary Cost Estimate. The Engineer shall develop a preliminary cost estimate using the Average Low Bid Unit Price. The Engineer shall estimate the total project cost including preliminary engineering, final engineering, right-of-way (ROW) acquisition, environmental compliance and mitigation, construction, utility relocation, and construction engineering inspection (CEI).

Preliminary Cost Estimate. The Engineer shall develop a preliminary cost estimate using the Average Low Bid Unit Price. The Engineer shall estimate the total project cost including preliminary engineeringEngineering, final engineering, right-of-way (ROW) acquisitionEngineering, environmental compliance and mitigation, construction, utility relocation, and construction engineering Engineering inspection (CEI). The Engineer shall submit preliminary cost estimates with the 30/60/90% and Final Schematic submittals for up to two schematic work authorizations. The Engineer shall update the preliminary cost estimate every January with the latest average unit bid prices (up to 6 updates) and submit to the State.

Preliminary Cost Estimate. The Engineer shall develop a preliminary cost estimate using the Average Low Bid Unit Price. The Engineer shall estimate the total project cost including preliminary engineering, final engineering, right-of-way (ROW) acquisition, environmental compliance and mitigation, construction, utility relocation, and construction engineering inspection (CEI).