Common use of Processing of Periodical Estimates Clause in Contracts

Processing of Periodical Estimates. The Contract Compliance Specialist will review the Periodical Estimate prepared by the CM/GC and, if he concurs, execute a certificate on the face of the Periodical Estimate as to its accuracy. The Design Professional and Program Manager shall visit the project site after the CM/GC and Contract Compliance Specialist have agreed on the Periodical Estimate and conduct such inspections and reviews as are necessary to make a decision as to the accuracy of the Periodical Estimate. If the Contract Compliance Specialist and the CM/GC cannot agree on the appropriateness of the Periodical Estimate in question, the Design Professional and Program Manager shall make a decision. Upon determining the appropriateness of the estimate, the Design Professional and Program Manager shall execute the certificate of Periodical Estimate and forward it to the Owner for payment.

Processing of Periodical Estimates. The Contract Compliance Specialist will review the Periodical Estimate prepared by the CM/GC Design-Builder and, if he concurs, execute a certificate on the face of the Periodical Estimate as to its accuracy. The Design Professional Program Manager and Program Manager shall visit the project site after the CM/GC Design-Builder and Contract Compliance Specialist have agreed on the Periodical Estimate and conduct such inspections and reviews as are necessary to make a decision as to the accuracy of the Periodical Estimate. If the Contract Compliance Specialist and the CM/GC Design-Builder cannot agree on the appropriateness of the Periodical Estimate in question, the Design Professional Program Manager and Program Manager shall make a decision. Upon determining the appropriateness of the estimate, the Design Professional Program Manager and Program Manager shall execute the certificate of Periodical Estimate and forward it to the Owner for payment.

Processing of Periodical Estimates. The Contract Compliance Specialist will review the Periodical Estimate prepared by the CM/GC Design-Builder and, if he concurs, execute a certificate on the face of the Periodical Estimate as to its accuracy. The Design Professional Executive Administrator and Program Manager shall visit the project site after the CM/GC Design-Builder and Contract Compliance Specialist have agreed on the Periodical Estimate and conduct such inspections and reviews as are necessary to make a decision as to the accuracy of the Periodical Estimate. If the Contract Compliance Specialist and the CM/GC Design-Builder cannot agree on the appropriateness of the Periodical Estimate in question, the Design Professional Executive Administrator and Program Manager shall make a decision. Upon determining the appropriateness of the estimate, the Design Professional Executive Administrator and Program Manager shall execute the certificate of Periodical Estimate and forward it to the Owner for payment.