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 submission phases.

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 development, and 100% Construction Documents submission phases.