Common use of Cost Control Subsystem Clause in Contracts

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail to permit the Construction Team to control and adjust the project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other project costs, will not exceed the maximum total project budget. Requirements of this subsystem include the following submissions at the following phases of the project:

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail to permit the Construction Team to control and adjust the project Project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other project Project costs, will not exceed the maximum total project Project budget. Requirements of this subsystem include the following submissions at the following phases of the projectProject: (a) At completion of Advanced Schematic Preconstruction Phase For Each Item Or Bid Package.

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail as applicable to permit the Construction Team DESIGN-BUILD FIRM to control and adjust the project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other project costs, will not exceed the maximum total project budgetelements. Requirements of this subsystem include the following submissions at the following phases of the project:: Phase I (Planning/ 60% design/ establishment of the Guaranteed Maximum Price), Phase II (100% design and construction).

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely cost data and detail to permit the Construction Team Contractor to control and adjust the project requirements, needs, materials, equipment and systems by building and site elements for each Project so that construction the Work will be completed at a cost which, together with all other project costs, will not exceed within the maximum total project applicable Project budget. Requirements of this subsystem include the following submissions at the following phases of each Project: 4.1 Pre-Construction Phase Estimates; and 4.2 At establishment of the project:Contract Amount for each Project.

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely cost data and detail to permit the Construction Team Contractor to control and adjust the project Project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other project Project costs, will not exceed the maximum total project Project budget. Requirements of this subsystem include the following submissions at the following phases of the projectProject: (a) At establishment of the Guaranteed Maximum Price.

Cost Control Subsystem. The operation of this subsystem shall provide sufficient timely data and detail to permit the Construction Team to control and adjust the project Project requirements, needs, materials, equipment and systems by building and site elements so that construction will be completed at a cost which, together with all other project Project costs, will not exceed the maximum total project budgetProject budget or GMP whichever is less. Requirements of this subsystem include the following submissions at the following phases of the projectProject: (a) At completion of Advanced Schematic Preconstruction Phase For Each Item Or Bid Package.