Common use of Project Evaluation Clause in Contracts

Project Evaluation. The Consultant shall provide a preliminary assessment of the information provided by the Owner, including the program, schedule and budget requirements of the Project. Based on the assessment, the Consultant shall advise the Owner of any other information needed, or consultant services required, which may be needed to accomplish the Project. The Consultant shall provide prompt written notice to the Owner if the Consultant becomes aware of any errors, omissions or inconsistencies in any services or information provided by the Owner. The Consultant shall prepare a preliminary construction cost estimate of the Cost of the Work in order to confirm the initial cost and program premise of the Project as soon as possible during the Schematic Design Documents phase. This estimate may be based on area, volume or similar conceptual estimating techniques. The Cost of the Work includes the construction cost at current market rates of labor and materials, with all specified features and equipment, plus Contractor overhead and profit for the Project as defined by the Owner and designed by the Consultant. The initial Cost of the Work may eventually be modified by the bid contingency and project contingency. The Consultant shall update and refine the preliminary construction cost estimate of the Cost of the Work at least one additional time at the end of the Construction Documents phase. The Consultant shall make recommendations and advise the Owner of any proposed modifications to the design due to reconciliation of the Project Budget and estimates of the Cost of the Work, at each stage of design.

Project Evaluation. The Consultant shall provide a preliminary assessment of the information provided by the Owner, including the program, schedule schedule, and budget requirements of the Projectproject. Based on the assessment, the Consultant shall advise the Owner of any other information needed, or consultant services required, which may be needed to accomplish the Projectproject. The Consultant shall provide prompt written notice to the Owner if the Consultant becomes aware of any errors, omissions or inconsistencies in any services or information provided by the Owner. The Consultant shall prepare a preliminary construction cost estimate of the Cost of the Work in order to confirm the initial cost and program premise of the Project project as soon as possible during the Schematic Design Documents phase. This estimate may be based on area, volume volume, or similar conceptual estimating techniques. The Cost of the Work includes the construction cost at current market rates of labor and materials, with all specified features and equipment, plus Contractor overhead and profit for the Project project as defined by the Owner and designed by the Consultant. The initial Cost of the Work may eventually be modified by the bid contingency and project contingency. The Consultant shall update and refine the preliminary construction cost estimate of the Cost of the Work at least one additional time at the end of the Construction Documents phase. The Consultant shall make recommendations and advise the Owner of any proposed modifications to the design due to reconciliation of the Project Budget and estimates of the Cost of the Work, at each stage of design.

Project Evaluation. The Consultant shall provide a preliminary assessment of the information provided by the Owner, including the program, schedule and budget requirements of the Project. Based on the assessment, the Consultant shall advise the Owner of any other information needed, or consultant services required, which may be needed to accomplish the Project. The Consultant shall provide prompt written notice to the Owner if the Consultant becomes aware of any errors, omissions or inconsistencies in any services or information provided by the Owner. The Consultant shall prepare a preliminary construction cost estimate of the Cost of the Work in order to confirm the initial premise of the cost and program premise of the Project as soon as possible during the Schematic Design Documents phase. This estimate may be based on area, volume or similar conceptual estimating techniques. The Cost of the Work includes the construction cost at current market rates of for labor and materials, with all specified features and equipment, plus Contractor overhead and profit for the Project as defined by the Owner and designed by the Consultant. The initial Cost of the Work may eventually be modified by use of the bid contingency and project contingency. The Consultant shall update and refine the preliminary construction cost estimate of the Cost of the Work at least one additional time at the end of the Construction Documents phase. The Consultant shall make recommendations and advise the Owner of any proposed modifications to the design due to reconciliation of the Project Budget and estimates of the Cost of the Work, at each stage of design.