Common use of Cost Control System Clause in Contracts

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.

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. Key Personnel.

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 Department, the Architect/Engineer and the Program Manager at regular intervals.