Estimated Contract Sum definition

Estimated Contract Sum means Construction Manager’s preliminary estimate of the Contract Sum generated during the Project’s preconstruction phase for Owner’s use during Project planning.
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Estimated Contract Sum means the total amount payable over the Contract Period as specified in Schedule 2.
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Estimated Contract Sum means the estimated total amount payable by the
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Examples of Estimated Contract Sum in a sentence

  • Construction Manager shall also estimate and inform Owner Parties of affects such alternative schedules might have on the Estimated Contract Sum and Target GMPs.

  • Construction Manager shall include with its Estimated Contract Sum preliminary Construction Schedules for Owner Parties’ review.

  • Construction Manager shall assist Owner to refine its proposed budgets, including by generating and delivering to Owner Parties its Estimated Contract Sum, utilizing area, volume, or similar conceptual estimating techniques, and shall refine the Estimated Contract Sum based on Owner Parties’ changes during Project planning until Owner approves a Project budget and Owner Parties set each Target GMP.

  • For the avoidance of doubt, Air Selangor and/or Air Selangor Group shall not be obliged to fulfil the Estimated Contract Sum.