Common use of Implement System Clause in Contracts

Implement System. The CMR shall monitor costs and implement the system of cost control for the Work, revise from time to time the Construction Budget with approved changes, and develop cash flow reports and forecasts as requested by the Board. The CMR shall identify variances between actual and estimated costs and report the variances to the Board and Design Professional at regular intervals.

Appears in 3 contracts

Sources: Construction Management at Risk Agreement, Construction Management at Risk Agreement, Construction Management at Risk Agreement