Contractor’s Estimate Clause Samples

The "Contractor’s Estimate" clause defines the requirement for the contractor to provide a detailed projection of the costs, resources, and time needed to complete the contracted work. Typically, this estimate includes itemized breakdowns of labor, materials, equipment, and other expenses, and may be submitted at the outset of the project or at specific milestones. By formalizing the estimation process, this clause ensures transparency and sets clear expectations for both parties, helping to prevent disputes over costs and timelines during the course of the project.
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Contractor’s Estimate. As soon as reasonably practicable and in any event within the time period agreed or determined pursuant to paragraph 2.4 of this Section 3, Project Co shall deliver to the Authority the Estimate. The Estimate must contain: a detailed timetable for implementation of the Medium Value Change; any requirement for relief from compliance with obligations, including the obligations of Project Co to achieve the [Actual Completion Date by the Completion Date] [an Actual Phase Completion Date by the relevant Phase Completion Date] and to meet the requirements set out in the Authority’s Requirements during the implementation of the Medium Value Change; an outline of the proposed design solution and design, including an appropriate analysis/risk appraisal and, to the extent relevant, the impact on whole life costings; any impact on the provision of the Works and/or the Services; a value for money justification for any proposed change to the quality of the works or the services comprised in the Medium Value Change as compared to the Works and the Services; any amendment required to this Agreement and/or any Project Document as a result of the Medium Value Change; any Estimated Change in Project Costs that results from the Medium Value Change; any Capital Expenditure that is required or no longer required as a result of the Medium Value Change; amendments to existing Necessary Consents that are required; a payment schedule for any Capital Expenditure required to implement the Change, based on milestones where relevant; costs and details of (i) any other approvals required and/or due diligence permitted pursuant to paragraph 12 of this Section 3 (Medium Value Changes); and (ii) any Third Party Costs; the method of implementation and the proposed method of certification of any construction aspects of the Medium Value Change, if not covered by the procedures specified in Clause 14 (Programme and Dates for Completion); and any other information requested by the Authority in the Authority Change Notice.
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Contractor’s Estimate. Contractor’s estimate, to the best of its ability and in good faith, of the total cost of the changes requested under this Revised Service Order Request is $____________.
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Contractor’s Estimate. In the event that Owner contemplates making a change in the Work, Owner shall advise Contractor of same by issuing a Change Notice, and Owner and Contractor shall then promptly consult concerning the cost and impact on the Project Schedule and the Performance Guarantees of implementing the proposed change, subject to Section 4.6.2.4. Following such consultation, Owner may request and Contractor shall, within five (5) Business Days after request by Owner or such additional period of time that Contractor reasonably requires to complete such estimate, prepare and deliver to Owner a detailed written estimate relating to the contemplated change, including: (a) the proposed change in the Contract Price resulting from such change in accordance with the provisions of Section 4.6; (b) subject to the provisions of Section 4.5, the effect such change could be expected to have on the Guaranteed Substantial Completion Date or any schedule; (c) the potential effect of such change on Contractor's ability to comply with any of its obligations hereunder, including warranties and the Performance Guarantees; (d) suggested changes to the Milestone Payment Plan which are made necessary by such changes; (e) documentation reasonably sufficient to enable Owner and the Independent Engineer to determine the factors necessitating a Change Order and the impact which the Change Order is likely to have on the Contract Price, the Project Schedule, the Performance Guarantees and any other provision of this Agreement affected thereby; and (f) such other information which Owner and the Independent Engineer may reasonably request in connection with such Change Order in order to determine the factors and impacts identified in Section 4.3.1(e) (including, with respect to Change Orders involving price changes, Contractor's pricing information relating to the basis and rationale for such change, but not including Contractor's internal cost information).
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Contractor’s Estimate. Where there is a Qualifying Change in Law or an Authority Change or any other matter affecting the Project that may have an equivalent effect on other LEP Projects and/or that may have an impact on any ICT Services Contract, the Contractor shall work with the LEP to achieve the best value solution across the relevant LEP Projects and this Project and/or this Agreement and the ICT Services Contract in respect of such Qualifying Change in Law, Authority Change or any such other matter as described in this clause 60.3.
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Contractor’s Estimate. In the case of any Change or Extra Work the Contractor shall commence and perform such work in strict accordance with the instructions written or oral received pursuant to the foregoing. Unless otherwise directed in such instructions the Contractor shall also within seven (7) days of the receipt thereof submit in writing to the Company a detailed estimate based upon the measured quantities and in the same format as the Bills of Quantities and using the rates contained therein. The detailed estimate shall set forth the increase or decrease if any in the time required for the performance of the Work and in the cost to the Contractor of such performance resulting from the Change or Extra Work. The estimate shall state the basis of compensation proposed for the Change or Extra Work or, if a Change causes a decrease in the Cost, the amount of such decrease shall be stated. Sufficient detail shall be provided to permit thorough analysis of the estimate.
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Contractor’s Estimate. If Contractor is notified of or becomes aware of a Change in Work permitted pursuant to Section 17.1 and has delivered Notice to the Owner of Contractor’s intention to submit a Change in Work Form in accordance with Section 17.3, Contractor shall within thirty (30) Business Days after its receipt of such notification or becoming so aware (or such longer period as may be mutually agreed by the Parties), prepare a detailed Change in Work Form setting forth: (a) a description of the work covered by such Change in Work; (b) the estimated cost and time required to implement the Change in Work and a quote for a firm price; and (c) the impact such Change Order would have on: (i) the Progress Payment Schedule; (ii) the Critical Path Schedule; (iii) the Project Guaranteed Date; (iv) the Performance Guarantees; (v) the Warranties; and (vi) any other information that is reasonably requested by Owner to make an informed decision consistent with Prudent Utility Practices. Contractor shall not charge Owner for the costs of preparing the Change in Work Form.
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Contractor’s Estimate. If any of the circumstances arises as described in Sections 17.2 or 17.3 pursuant to which a Change In Work is proposed (other than in circumstances under Section 17.2 where Contractor, in exercise of its professional expertise but subject to Section 17.5, recommends against execution of such a proposed Change in Work, in which case it shall provide a reasoned explanation for such recommendation) , then Contractor shall, as soon as practicable, prepare a Change In Work Form, which shall include, subject to the remaining provisions of this Section 17.4.1, a detailed proposal for such Change in Work, together with a detailed explanation and basis thereof: (a) the change, if any, to the Key Date Schedule and the Substantial Completion Guaranteed Date associated with such Change In Work; and (b) the increase, if any, in the cost required to complete the Work on the Change In Work Form (determined in accordance with the requirements of Section 17.3, in the case of an Excusable Event or a Force Majeure Event). The adjustment in the Contract Price specified in this Section 17.4.1.1 and the Key Date Schedule shall be the sole adjustment related to a specific change order unless stated otherwise therein.
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Contractor’s Estimate. Promptly after being notified of a change, but in no event more than fourteen
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Related to Contractor’s Estimate

  • Contractor’s Expense The Contractor will be responsible for all costs related to photo copying, telephone communications and fax communications while on County sites during the performance of work and services under this Contract.

  • Contractors All LAUSD Contractors and their Representatives are expected to conduct any and all business affiliated with LAUSD in an ethical and responsible manner that fosters integrity and public confidence. A “Contractor” is any individual, organization, corporation, sole proprietorship, partnership, nonprofit, joint venture, association, or any combination thereof that is pursuing or conducting business with and/or on behalf of LAUSD, including, without limitation, consultants, suppliers, manufacturers, and any other vendors, bidders or proposers. A Contractor’s “Representative” is also broadly defined to include any subcontractors, employees, agents, or anyone else who acts on a Contractor’s behalf.

  • Contractor’s Equipment The Contractor shall be responsible for all Contractor’s Equipment. The Contractor’s Equipment shall be deemed to be exclusively intended for the execution of the Works.

  • Contractor’s Staff 1. The Contractor shall maintain adequate staff to meet the Contractor’s obligations under this Agreement. 2. This staff shall be available to the State for training and meetings which the State may find necessary from time to time.

  • Sub-Contractors Transfer Agent may, without further consent on the part of Customer, subcontract with other subcontractors for telephone and mailing services as may be required from time to time; provided, however, that the Transfer Agent shall be as fully responsible to the Customer for the acts and omissions of any subcontractor as it is for its own acts and omissions.