Detailed Cost Estimate Sample Clauses

Detailed Cost Estimate. Prepared by A-E’s independent third-party estimator and CM@R, in Construction Specifications Institute 50 Master Format Division taken off from the Design Development Phase document with very few Lump Sum per gross square foot estimates permitted.
Sample 1
AutoNDA by SimpleDocs
Detailed Cost Estimate. As directed in writing by the Director from time to time, the Construction Manager shall provide detailed cost estimates for the Project, based upon design documents prepared by the Consultant.
Sample 1Sample 2
Detailed Cost Estimate. Prepared by an independent estimator and/or construction manager, in CSI 35 Division format taken off the submitted Design Development drawings with very few Lump Sum/$$ per gross square foot estimates.
Sample 1Sample 2
Detailed Cost Estimate. Prior to the submission of the bid package as provide in Section 4.02, or appropriate date, the Construction Manager, with the assistance of the necessary Consultants, shall prepare and submit a “Detailed Estimate of Construction Cost” and an updated Project Schedule indicating milestone completion dates for approval by the Agency. In establishing the Detailed Estimate of Construction Cost, the Construction Manager shall include reasonable contingencies for design, bidding and price escalation and determine in conjunction with the Agency the materials, equipment, component systems and types of construction to be included in the Contract Documents, subject to the Maximum Cost of Work. The Construction Manager shall review any difference between the Preliminary Budget and the Detailed Estimate of Construction Cost, identify reasons for any difference and recommend means to eliminate the difference, if necessary
Sample 1
Detailed Cost Estimate. The CM shall provide an independent detailed cost estimate for the Project, based upon design documents prepared by the Consultant, at 100% DD, 50% CD, and 100% CD. Such cost estimate(s) must be in a format approved by the Commissioner. In preparing its estimate, the CM shall compare the quantities in its estimate with quantities derived from BIM. The CM shall compare and reconcile the quantities in its estimate with the quantities in the estimate prepared by the Consultant.
Sample 1
Detailed Cost Estimate. Prepared by independent estimator and Design/Build Contractor, in CSI 50 Division format taken off the DD set of drawings with very few Lump Sum/dollars per gross square foot estimates. Additionally, a summary cost estimate with one cost item per CSI Division and with all contingencies, all profits/fees and all soft costs listed to show a comprehensive Total Project Cost Estimate should be prepared and furnished separately with the Board Motion.
Sample 1

Related to Detailed Cost Estimate

  • Cost Estimate An estimate of the total project cost including but not limited to direct expenses, indirect expenses, land cost, and capital expenses.

  • Construction Cost Estimate At 50% completion of the contract documents, the design team will present and submit copies of the project plans and manual. The Construction Administrator will prepare and issue the fourth of five construction cost estimates. The estimate shall be derived from actual takeoffs, subcontractor and vendor input, and material and labor cost data. All quantitative systems information shall be provided in detail.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds ten percent (10%) of CITY’s stated construction budget, CONSULTANT shall make recommendations to CITY for aligning the PROJECT design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Cost Estimating The Model may be used to develop cost estimates based on the approximate data provided and conceptual estimating techniques (e.g., volume and quantity of elements or type of system selected).

  • Estimated Costs The proposed GMP Change Order shall include separately identified dollar amounts, stated as fixed sums, for Actual Costs as estimated by the Design-Builder for the complete construction of the Project, which amount shall include the all Trade Contract and Subcontract Sums, costs of materials, and any Component Change Order Sums;

  • Preliminary Cost Estimate Consulting Engineer/Architect shall furnish City an estimate of probable Construction Cost based on the preliminary design. Consulting Engineer/Architect's estimate of probable Construction Cost is to be made on the basis of Consulting Engineer/Architect's experience and qualifications and represent Consulting Engineer/Architect's best judgment as an experienced and qualified design professional, familiar with the construction industry.

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

  • Preliminary Cost Estimates The Engineer shall develop a preliminary cost estimate using the Average Low Bid Unit Price. The Engineer shall estimate the total project cost including preliminary engineering, final engineering, right-of-way (ROW) acquisition, environmental compliance and mitigation, construction, utility relocation, and construction engineering inspection (CEI).

  • Estimate The Engineer shall independently develop and report quantities necessary to construct the contract in standard State bid format at the specified milestones and Final PS&E submittals. The Engineer shall prepare each construction cost estimates using Estimator or any approved method. The estimate shall be provided at each milestone submittal or in DCIS format at the 95% and Final PS&E submittals per State’s District requirement.

  • Project Cost a. The estimated cost of the Project is $ 97,740.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached to and incorporated in this Agreement. Exhibit “B” may be modified by mutual execution of an amendment as provided for in paragraph 5.i.

Time is Money Join Law Insider Premium to draft better contracts faster.