Cost Control System. The Contractor shall use a system of cost control for the Work in a format consistent with the GMP Drawings & Specifications and approved by the Department, which shall include, without limitation, regular monitoring of actual costs for activities in progress and estimates for uncompleted tasks and proposed changes. The Contractor shall identify variances between actual and estimated costs and report the variances to the Department and the Program Manager at regular intervals.
Appears in 5 contracts
Sources: Construction Management Agreement, Construction Management Agreement, Construction Management at Risk Services Agreement
Cost Control System. The Contractor Construction Manager shall use a system of cost control for the Work in a format consistent with the GMP Drawings & Specifications and approved by the Department, which shall include, without limitation, regular monitoring of actual costs for activities in progress and estimates for uncompleted tasks and proposed changes. The Contractor Construction Manager shall identify variances between actual and estimated costs and report the variances to the Department and the Program Manager at regular intervals.
Appears in 4 contracts
Sources: Construction Management at Risk Agreement, Construction Management at Risk Agreement, Construction Management at Risk Agreement