Examples of Estimated Construction Cost in a sentence
As a part of Pre-Construction Services the CM shall prepare and update an Estimated Construction Cost report for each Project as required by Article 5.4 at the completion of Schematic Design, Design Development and at the Fifty Percent (50%), and the One Hundred Percent (100%) completion stage of the Construction Documents phase of the Design.
Provide an Estimated Construction Cost breakdown on the standard Schedule of Values Format for Cost of the Work based on anticipated subcontracts organized by the same approved CSI division format that was used to develop the previous cost estimates, General Conditions per exhibit, CM’s Contingency, Construction Phase Fee, any Owner’s Special Cash Allowance and/or Owner’s Construction Contingency as identified by the Owner.