Common use of The Statement of Probable Construction Cost Clause in Contracts

The Statement of Probable Construction Cost. The Consultant shall submit to Owner for review and approval a Project Validation phase estimate of probable construction cost, itemized by major categories and projected to the expected time of bid. .7 Five (5) copies of a Design Concept and Schematics Report which will be utilized to communicate the schematic design and shall include: Reduced color drawings (Site and building plans, elevations, sections, sketch perspectives and miscellaneous diagramming), photographs of massing and building models, a facilities list (including the number of spaces, net/gross square footages, etc.), the Project Development Schedule, and a summary design statement indicating the general design intent, conceptual development, and preliminary material, assembly and system selections. Provide brochure with heavy stock covers and plastic comb or metal spiral binding. Additional copies of the Project Scope and Budget Validation Report if required by the Owner will be compensated as a reimbursable service approved in advance by the Owner.

Appears in 10 contracts

Samples: Professional Services Agreement, Professional Services Agreement, Agreement

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