Common use of Preliminary Cost Estimates Clause in Contracts

Preliminary Cost Estimates. 1. When the Owner has sufficiently identified the Project requirements and the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a preliminary cost estimate utilizing area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a more detailed estimate with supporting data. During the preparation of the design development documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 3. When design development documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare a detailed estimate with supporting data for review by the Architect/Engineer and approval by the Owner. During the preparation of the construction documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or the Owner’s budget, the Construction Manager shall make appropriate recommendations to the Owner and Architect/Engineer.

Preliminary Cost Estimates. 1. When § 2.1.5.1 Based on the Owner has sufficiently identified the Project requirements preliminary design and other design criteria prepared by the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review prepare preliminary estimates of the Architect/Engineer and approval Cost of the Owner, a preliminary Work or the cost estimate utilizing of program requirements using area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by techniques for the Architect/Engineer ’s review and approved by Owner’s approval. If the OwnerArchitect or Construction Manager suggests suggest alternative materials and systems, the Construction Manager shall prepare, for provide cost evaluations of those alternative materials and systems. § 2.1.5.2 As the review of the Architect/Engineer and approval of the Owner, a more detailed estimate Architect progresses with supporting data. During the preparation of the design development documentsSchematic Design, Design Development and Construction Documents, the Construction Manager shall update prepare and refine this estimate update, at appropriate intervals agreed to by the Owner, Construction Manager and Architect/Engineer , estimates of the Cost of the Work of increasing detail and refinement and allowing for the further development of the design until such time as the Owner and Construction Manager. 3Manager agree on a Guaranteed Maximum Price for the Work. When design development documents have been prepared by Such estimates shall be provided for the Architect/Engineer ’s review and approved by the Owner, the ’s approval. The Construction Manager shall prepare a detailed estimate with supporting data for review by inform the Architect/Engineer Owner and approval by the Owner. During the preparation Architect when estimates of the construction documentsCost of the Work exceed the latest approved Project budget and make recommendations for corrective action.action and/or cost reductions, including but not limited to, substitution of materials or revisions or alterations to the Design Development Documents or the Construction Manager shall update and refine this estimate at appropriate intervals agreed Documents, to by bring the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or Project within the Owner’s budget, but shall not delete necessary components of the Project without consent of the Superintendent of Schools or designee. In the event that the quality or scope identified in the estimates are unacceptable or exceed the Owner’s identified budget, the Construction Manager shall make appropriate recommendations work with the Architect to develop options that are acceptable to O wner and are within the Owner and Architect/EngineerOwner’s budget.

Preliminary Cost Estimates. 1. When § 2.1.5.1 Based on the Owner has sufficiently identified the Project requirements preliminary design and other design criteria prepared by the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review prepare preliminary estimates of the Architect/Engineer and approval Cost of the Owner, a preliminary Work or the cost estimate utilizing of program requirements using area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by techniques for the Architect/Engineer ’s review and approved by Owner’s approval. If the OwnerArchitect or Construction Manager suggests alternative materials and systems, the Construction Manager shall prepare, for provide cost evaluations of those alternative materials and systems. § 2.1.5.2 As the review of the Architect/Engineer and approval of the Owner, a more detailed estimate Architect progresses with supporting data. During the preparation of the design development documentsSchematic Design, Design Development and Construction Documents, the Construction Manager shall update prepare and refine this estimate update, at appropriate intervals agreed to by the Owner, Construction Manager and Architect/Engineer , estimates of the Cost of the Work of increasing detail and refinement and allowing for the further development of the design until such time as the Owner and Construction Manager. 3Manager agree on a Guaranteed Maximum Price for the Work. When design development documents have been prepared by Such estimates shall be provided for the Architect/Engineer ’s review and approved by the Owner, the Construction Manager shall prepare a detailed estimate with supporting data for review by the Architect/Engineer and approval by the Owner. During the preparation of the construction documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 4’s approval. If any estimate submitted to the Owner exceeds previously approved estimates or the Owner’s budget, the Construction Manager shall make appropriate recommendations to the Owner and Architect/EngineerArchitect for cost reductions including, but not limited to, substitution of materials or revisions or alterations to the Design Development or Construction Documents, to bring the Project within the Owner’s budget, but shall not delete necessary components of the Project without the Owner’s consent. In the event that the quality or scope identified in the estimates are unacceptable or exceed the Owner’s budget, the Construction Manager shall work with the Architect to develop options that are acceptable to the Owner and are within the Owner’s budget.

Preliminary Cost Estimates. 1. a. When the Owner has sufficiently identified the Project requirements and the Architect/Engineer Owner’s Representative has prepared other basic design criteria, the Construction Manager shall prepare, for the review of the Architect/Engineer Owner’s Representative and approval of the Owner, a preliminary cost estimate utilizing area, volume or similar conceptual estimating techniques. 2. b. When schematic design documents Schematic Design Documents have been prepared by the Architect/Engineer Owner’s Representative and approved by the Owner, the Construction Manager shall prepare, for the review of the Architect/Engineer Owner’s Representative and approval of the Owner, a more detailed estimate with supporting data. During the preparation of the design development documentsDesign Development Documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer Owner’s Representative and Construction Manager. 3. c. When design development documents Design Development Documents have been prepared by the Architect/Engineer Owner’s Representative and approved by the Owner, the Construction Manager shall prepare a detailed estimate with supporting data for review by the Architect/Engineer Owner’s Representative and approval by the Owner. During the preparation of the construction documentsConstruction Documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer Owner’s Representative and Construction Manager. 4. d. If any estimate submitted to the Owner exceeds previously approved estimates or the Owner’s 's budget, the Construction Manager shall make appropriate recommendations to the Owner and Architect/EngineerOwner’s Representative.

Preliminary Cost Estimates. 1. When § 2.1.5.1 Based on the Owner has sufficiently identified the Project requirements preliminary design and other design criteria prepared by the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of prepare preliminary estimates in a form acceptable to the Owner, a preliminary of the Cost of the Work or the cost estimate utilizing of program requirements using area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by techniques for the Architect/Engineer ’s review and approved by Owner’s approval. If the OwnerArchitect or Construction Manager suggests alternative materials and systems, the Construction Manager shall prepare, for provide cost evaluations of those alternative materials and systems. § 2.1.5.2 As the review of the Architect/Engineer and approval of the Owner, a more detailed estimate Architect progresses with supporting data. During the preparation of the design development documentsSchematic Design, Design Development and Construction Documents, the Construction Manager shall update prepare and refine this estimate update, at appropriate intervals agreed to by the Owner, Construction Manager and Architect/Engineer , estimates of the Cost of the Work of increasing detail and refinement and allowing for the further development of the design until such time as the Owner and Construction Manager. 3Manager agree on a Guaranteed Maximum Price for the Work. When design development documents have been prepared by Such estimates shall be provided for the Architect/Engineer ’s review and approved by the Owner, the ’s approval. The Construction Manager shall prepare a detailed estimate with supporting data for review by promptly inform the Architect/Engineer Owner and approval by the Owner. During the preparation Architect if estimates of the construction documentsCost of the Work exceed or are anticipated to exceed the latest approved Project budget and make recommendations for corrective action and/or cost reductions in writing, including but not limited to, substitution of materials or revisions or alterations to the Design Development Documents or the Construction Manager shall update and refine this estimate at appropriate intervals agreed Documents, to by bring the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or Project within the Owner’s budget, but shall not delete necessary components of the Project without Owner’s consent. In the event that the quality or scope identified in the estimates are unacceptable or exceed the Owner’s identified budget, the Construction Manager shall make appropriate recommendations work with the Architect to the develop options that are acceptable to Owner and Architect/Engineerare within the Owner’s budget.

Preliminary Cost Estimates. 1. When the Owner has sufficiently identified the Project requirements and the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a preliminary cost estimate utilizing area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a more detailed estimate with supporting data. During the preparation of the design development documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 3. When design development documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare a detailed estimate with supporting data for review by the Architect/Engineer and approval by the Owner. During the preparation of the construction documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or the Owner’s 's budget, the Construction Manager shall make appropriate recommendations to the Owner and Architect/Engineer.

Preliminary Cost Estimates. 1. When § 2.1.5.1 Based on the Owner has sufficiently identified the Project requirements preliminary design and other design criteria prepared by the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review prepare preliminary estimates of the Architect/Engineer and approval Cost of the Owner, a preliminary Work or the cost estimate utilizing of program requirements using area, volume or similar conceptual estimating techniques. 2. When schematic design documents have been prepared by techniques for the Architect/Engineer ’s review and approved by Owner’s approval. If the OwnerArchitect or Construction Manager suggests suggest alternative materials and systems, the Construction Manager shall prepare, for provide cost evaluations of those alternative materials and systems. § 2.1.5.2 As the review of the Architect/Engineer and approval of the Owner, a more detailed estimate Architect progresses with supporting data. During the preparation of the design development documentsSchematic Design, Design Development and Construction Documents, the Construction Manager shall update prepare and refine this estimate update, at appropriate intervals agreed to by the Owner, Construction Manager and Architect/Engineer , estimates of the Cost of the Work of increasing detail and refinement and allowing for the further development of the design until such time as the Owner and Construction Manager. 3Manager agree on a Guaranteed Maximum Price for the Work. When design development documents have been prepared by Such estimates shall be provided for the Architect/Engineer ’s review and approved by the Owner, the ’s approval. The Construction Manager shall prepare a detailed estimate with supporting data for review by inform the Architect/Engineer Owner and approval by the Owner. During the preparation Architect when estimates of the construction documentsCost of the Work exceed the latest approved Project budget and make recommendations for corrective action.action and/or cost reductions, including but not limited to, substitution of materials or revisions or alterations to the Design Development Documents or the Construction Manager shall update and refine this estimate at appropriate intervals agreed Documents, to by bring the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or Project within the Owner’s budget, but shall not delete necessary components of the Project without Owner’s Board of Trustees’ consent or consent of Owner’s designee. In the event that the quality or scope identified in the estimates are unacceptable or exceed the Owner’s identified budget, the Construction Manager shall make appropriate recommendations work with the Architect to the develop options that are acceptable to Owner and Architect/Engineerare within the Owner’s budget.

Preliminary Cost Estimates. 1. When the Owner has sufficiently identified the Project requirements and the Architect/Engineer has prepared other basic design criteria, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a preliminary cost estimate utilizing area, volume or similar conceptual estimating techniques.. SAMPLE 2. When schematic design documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare, for the review of the Architect/Engineer and approval of the Owner, a more detailed estimate with supporting data. During the preparation of the design development documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 3. When design development documents have been prepared by the Architect/Engineer and approved by the Owner, the Construction Manager shall prepare a detailed estimate with supporting data for review by the Architect/Engineer and approval by the Owner. During the preparation of the construction documents, the Construction Manager shall update and refine this estimate at appropriate intervals agreed to by the Owner, Architect/Engineer and Construction Manager. 4. If any estimate submitted to the Owner exceeds previously approved estimates or the Owner’s budget, the Construction Manager shall make appropriate recommendations to the Owner and Architect/Engineer.