Common use of Schematic Design Stage Clause in Contracts

Schematic Design Stage. 5.2.3.1 Based on the approved pre-design documents and any adjustments to the Facility Program or Construction Cost Limitation or the Project Schedule authorized by the Owner, the Design/Build Contractor shall develop sufficient alternative approaches to the design and construction of the Project and shall review them with the Owner. The Design/Build Contractor shall prepare Schematic Design documents and the Estimated Construction Cost and submit them to the Owner for approval. The Estimated Construction Cost shall affirm adherence to the Construction Cost Limitation. . The Design/Build Contractor shall advise the Owner of any adjustments to the project scope necessary to align the Estimated Construction Cost with the Construction Cost Limitation and shall revise the Schematic Design Documents, without charge to the Owner, as may be required to comply with the Construction Cost Limitation. The Owner may, solely at Owner’s discretion and in writing, increase or decrease the Construction Cost Limitation to align with the Design/Build Contractor’s Estimated Construction Cost.