Opinion of Probable Cost. An opinion of probable construction cost made by Olsson. In providing opinions of probable construction cost, it is recognized that neither the Client nor Olsson has control over the costs of labor, equipment or materials, or over the contractor’s methods of determining prices or bidding. The opinion of probable construction costs is based on Olsson’s reasonable professional judgment and experience and does not constitute a warranty, express or implied, that the contractor’s bids or the negotiated price of the work on the Project(s) will not vary from the Client’s budget or from any opinion of probable cost prepared by Olsson.

Opinion of Probable Cost. An opinion of probable construction cost made by Xxxxxx. In providing opinions of probable construction cost, it is recognized that neither the Client nor Xxxxxx has control over the costs of labor, equipment or materials, or over the contractor’s methods of determining prices or bidding. The opinion of probable construction costs is based on Xxxxxx’x reasonable professional judgment and experience and does not constitute a warranty, express or implied, that the contractor’s bids or the negotiated price of the work on the Project(s) will not vary from the Client’s budget or from any opinion of probable cost prepared by Xxxxxx.

Opinion of Probable Cost. A. A single program level opinion (One design as a base, with options or alternates )

Examples of Opinion of Probable Cost in a sentence

Under such circumstances, Xxxxxx’x modification of its work at no cost shall be the limit of Xxxxxx’x responsibility with regard to any unreasonable Opinion of Probable Cost.
Since Xxxxxx has no control over the cost of labor, materials, equipment or services furnished by others, or over the contractor(s)' methods of determining prices, or over competitive bidding or market conditions, Xxxxxx'x Opinion of Probable Cost provided for herein is made on the basis of Xxxxxx'x experience and qualifications and represent Xxxxxx'x best judgment as an experienced and qualified professional engineer, familiar with the construction industry.
Client acknowledges and agrees that Xxxxxx cannot and does not guarantee proposals or bids and that actual total Project(s) or construction costs may reasonably vary from Xxxxxx’x Opinion of Probable Cost.
If, however, Xxxxxx’x Opinion of Probable Cost was not performed in accordance with its standard of care and was unreasonable under the total circumstances and the lowest negotiated bid for construction of the Project(s) unreasonably exceeds Xxxxxx'x Opinion of Probable Cost, Xxxxxx shall modify its work as necessary to adjust the Project(s)’ size, and/or quality to reasonably comply with the Client’s budget at no additional cost to Client.

More Definitions of Opinion of Probable Cost

Opinion of Probable Cost. Parametrix will prepare an opinion of cost based on estimate quantities and costs for lump-sum items as determined by the 30 Percent Plans. The opinion of probable cost will have one bid schedule. Utility Coordination: Parametrix staff will meet once either on-site or at the City Public Works Building to review the Utility Conflict Plan with the utility companies that provide service in the Project limits. Assumptions Following are the assumptions for Task 3: • All plans will be prepared in AutoCAD 2018 Civil 3D format. • All design elements will be in accordance with the current City of Yelm Development Guidelines and the

Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.
Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less:
Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.
U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).
Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of this Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Initial Period.