Validation Phase definition

Validation Phase is the first phase of the Project where the Owner and Risk/Reward Team members document the Base Program and establish the Target Cost and the Added Value Incentive Items.
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Validation Phase means that portion of the Work and the Services as described in Part C of this Agreement to be performed under this Agreement prior to the commencement of the Design and Procurement Phase as described in Section 10.10.
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Validation Phase means the first few phases of the Project (Conceptualization and
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Examples of Validation Phase in a sentence

  • Those subconsultants, subcontractors, Vendors, and suppliers that were not procured during the Validation Phase will be procured sometime during the Design/Preconstruction Phase or, in some cases, early during the Construction Phase.

  • During the Validation Phase, the IPD Team, under the direction of the PMT, will prepare a Validation Study that defines the Base Program, Target Cost, and a Milestone Schedule for approval and acceptance by the Owner.

  • This Project has 3 phases of Work: Validation Phase, Design/Preconstruction Phase, and Construction Phase.

  • Key subconsultants, subcontractors, Vendors, and suppliers will be procured early during the Validation Phase.

  • The PMT will update the Contract Task Matrix (Exhibit C) as required to include the necessary subcontractors, Vendors, suppliers, subconsultants and Separate Contractors procured during the Validation Phase that will be performing certain tasks.

  • The PMT will develop the ICL Distribution Spreadsheet and update it to include those Risk/Reward Team members procured during the Validation Phase per Article 6 and indicate the respective ICL and ICL Percentages of the Risk/Reward Team.


More Definitions of Validation Phase

Validation Phase is that portion of the Work and the Services to be performed under this Agreement up through Owner’s approval of the Validation Study.
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Validation Phase means the period of time commencing upon the conclusion of the Pilot Phase and continuing until the completion of the regulatory filing described in Section 4.5.
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Related to Validation Phase

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Acceptance Tests means those tests performed during the Performance Period which are intended to determine compliance of Equipment and Software with the specifications and all other Attachments incorporated herein by reference and to determine the reliability of the Equipment.