Value Analysis. Contractor shall conduct value analysis workshops at 100% Design Development stage. Contractor is responsible for confirming, at the end of each stage, in writing to the AOC, that all Project and construction costs have been identified. Contractor shall lead the activities of the AOC, Architect, and other project participants in a value analysis and verify the cost-effectiveness of the design. Contractor shall demonstrate to the satisfaction of the AOC and shall certify in writing to the AOC, that the Design Documents and/or Construction Documents, at the end of each of these stages, are in conformance with the requirements of the Project Program and quality standards set by the AOC, and that Contractor’s current total cost estimate for construction of the Project is equal to or less than the Construction Budget.
Appears in 5 contracts
Samples: Cm Agreement for Preconstruction and Construction Phase Services, Standard Agreement, Standard Agreement
Value Analysis. Contractor shall conduct value analysis workshops at 100% Schematic Design and 100% Design Development stage. Contractor is responsible for confirming, at the end of each stage, in writing to the AOC, that all Project and construction costs have been identified. Contractor shall lead the activities of the AOC, Architect, and other project participants in a value analysis and verify the cost-cost- effectiveness of the design. Contractor shall demonstrate to the satisfaction of the AOC and shall certify in writing to the AOC, that the Design Documents and/or Construction Documents, at the end of each of these stages, are in conformance with the requirements of the Project Program and quality standards set by the AOC, and that Contractor’s current total cost estimate for construction of the Project is equal to or less than the Construction Budget.
Appears in 3 contracts
Samples: Cm at Risk Agreement, Construction Agreement, Construction Management Agreement
