Common use of a Detailed Estimate of Construction Cost; and Clause in Contracts

a Detailed Estimate of Construction Cost; and. .1 If the Detailed Estimate of Construction Cost exceeds the Construction Budget by more than 5 percent, the Contracting Authority may require the A/E to immediately develop viable proposals to reconcile the estimate with the Construction Budget. The A/E will present those proposals as an addendum to the provisional Construction Documents.

a Detailed Estimate of Construction Cost; and. .1 If the Detailed Estimate of Construction Cost exceeds the Construction Budget by more than 5 percentBudget, the Contracting Authority may require the A/E to immediately develop viable proposals to reconcile the estimate with the Construction Budget. The A/E will present those proposals as an addendum to the provisional Construction Documents.