Common use of Construction Cost Estimates Clause in Contracts

Construction Cost Estimates. 1. If at any time the Consultant considers their estimates indicate the cost will exceed the project budget they will immediately advise the G.N.W.T. If in the opinion of the G.N.W.T. the excess is due to design, cost factors or matters under the control or reasonably foreseeable by the Consultant, the G.N.W.T. may require the Consultant at their expense and at no additional cost to the G.N.W.T., do everything by way of revision of design to bring the cost estimate within the project budget.

Construction Cost Estimates. 1. If at any time the Consultant considers their estimates indicate the cost will exceed the project budget they will immediately advise the G.N.W.T. GNWT. If in the opinion of the G.N.W.T. GNWT the excess is due to design, cost factors or matters under the control or reasonably foreseeable by the Consultant, the G.N.W.T. GNWT may require the Consultant at their expense and at no additional cost to the G.N.W.T.GNWT, do everything by way of revision of design to bring the cost estimate within the project budget.