Common use of Construction Cost Summary Clause in Contracts

Construction Cost Summary. As part of the MACC negotiations, a complete construction cost summary will be provided by the Contractor at execution of this Agreement and at execution of any amendment to the Contract Documents that modifies the MACC. The construction cost summary will be in the format provided in Attachment 3, herein, and will cover any applicable Component(s) for which Work will be performed under that MACC.

Construction Cost Summary. As part of the MACC negotiations, a complete construction cost summary will shall be provided by the Contractor at execution of this Agreement Contract and at execution of any Contract amendment to the Contract Documents that modifies the MACC. The construction cost summary will shall be in the format provided in Attachment 3, herein, and will cover any applicable Component(s) . Specifier: Insert the most suitable risk contingency percentage for which Work will be performed under that MACCthe project in the space below. The suggested percentage for new construction is 1.25%.