Common use of Value Analysis Clause in Contracts

Value Analysis. 3.1 The CM shall, after a complete review of the Project Program, evaluate the designs available at the time of the CM’s commencement of Pre-Construction services, and obtain an understanding of the intent of the OWNER and the Project Designer, provide value analysis services and offer cost savings suggestions and best value recommendations to the OWNER. All recommendations shall be in writing and must be fully reviewed with the Project Designer and OWNER, and approved by the OWNER prior to implementation. It is anticipated that the value analysis will occur at the Pre-Schematic, Schematic and 60% design development, and 100% Construction Documents submission phases. 3.2 Value analysis efforts shall result in a design that is most effective in first costs as well as long term operational costs relative to issues of energy use and facility maintainability. The value analysis deliverable from the CM shall include life cycle cost analyses as may be required to assist the Project Designer to achieve an appropriate balance between costs, aesthetics and function for the building systems and materials being contemplated in the design. 3.3 Value analysis efforts shall also take into consideration applicable constructability issues. 3.4 The CM shall promptly notify the OWNER and Project Designers in writing upon observing any features in the design that appear to be ambiguous, confusing, conflicting or erroneous. 3.5 All value analysis studies must be provided on a timely basis within the design schedule.

Value Analysis. 3.1 The CM shall, after a complete review of the Project Program, evaluate the designs available at the time of the CM’s commencement of Pre-Construction services, and obtain an understanding of the intent of the OWNER and the Project Designer, provide value analysis services and offer cost savings suggestions and best value recommendations to the OWNER. All recommendations shall be in writing and must be fully reviewed with the Project Designer and OWNER, and approved by the OWNER prior to implementation. It is anticipated that the value analysis will occur at the Pre-Schematic, Schematic and 60% design development, and 100% Construction Documents development submission phases. 3.2 Value analysis efforts shall result in a design that is most effective in first costs as well as long term operational costs relative to issues of energy use and facility maintainability. The value analysis deliverable from the CM shall include life cycle cost analyses as may be required to assist the Project Designer to achieve an appropriate balance between costs, aesthetics and function for the building systems and materials being contemplated in the design. 3.3 Value analysis efforts shall also take into consideration applicable constructability issues. 3.4 The CM shall promptly notify the OWNER and Project Designers in writing upon observing any features in the design that appear to be ambiguous, confusing, conflicting or erroneous. 3.5 All value analysis studies must be provided on a timely basis within the design schedule.