Common use of Preliminary Estimate and Budget Analysis Clause in Contracts

Preliminary Estimate and Budget Analysis. The CM shall analyze and report to the Owner the cost of various design and construction alternatives, including CM’s assumptions in preparing its analysis, a variance analysis between budget and preliminary estimate, and recommendations for any adjustments to the budget.. As a part of the cost analysis, the CM shall consider costs relating to efficiency, usable life, maintenance, energy, and operation.

Appears in 3 contracts

Samples: Standard Form of Agreement Between Owner and Construction Manager (Construction Manager at Risk), Standard Form of Agreement Between Owner and Construction Manager (Construction Manager at Risk), Standard Form of Agreement Between Owner and Construction Manager (Construction Manager at Risk)

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Preliminary Estimate and Budget Analysis. The CM shall analyze and report to the Owner the cost of various design and construction alternatives, including CM’s the assumptions by the CM in preparing its analysis, a variance analysis between budget and preliminary estimate, and recommendations for any adjustments to the budget.. . As a part of the cost analysis, the CM shall consider costs relating to efficiency, usable life, maintenance, energy, and operation. The CM shall cooperate with the Designer and if employed, a third-party professional cost estimator to compare and reconcile disparate cost estimate proposed independently.

Appears in 2 contracts

Samples: Architect Contract, Construction Management Agreement

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Preliminary Estimate and Budget Analysis. The CM shall analyze and report to the Owner the cost of various design and construction alternatives, including CM’s the assumptions by the CM in preparing its analysis, a variance analysis between budget and preliminary estimate, and recommendations for any adjustments to the budget.. . As a part of the cost analysis, the CM shall consider costs relating to efficiency, usable life, maintenance, energy, and operation.

Appears in 1 contract

Samples: Construction Management Agreement

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