Common use of Long Lead-Time Items Clause in Contracts

Long Lead-Time Items. The XXXX contractor shall be solely responsible for and identify and recommend to the Owner a schedule for procurement of materials and/or equipment requiring extended delivery times and advise Owner on expedited procurement of those items to meet the project schedule and minimize risk of cost escalation. The XXXX contractor shall advise Owner and Designer on the preparation of performance specifications and requests for technical proposals for the procurement and installation of systems and components and for the procurement of long lead items. If requested by Owner and subject to the Owner’s prior written approval, issue requests for technical proposals to qualified sources and receive proposals and assist in their evaluation. If such long-lead-time items are procured by the Owner, they shall be procured on terms and conditions mutually acceptable to the XXXX contractor and Owner. Upon the Owner's acceptance of the XXXX contractor’s GMP proposal, the Owner shall assign all contracts for such items to the XXXX contractor, who shall accept responsibility for such items as if procured by the XXXX contractor. The XXXX contractor shall expedite the delivery of long-lead-time items and assume all risk associated with on-site storage and cost escalation. With the specific written approval of the Owner and/or Designer, the XXXX contractor shall, when reasonably required to maintain the Project schedule, be permitted to contract with subcontractors and to enter into contracts to secure long-lead time items prior to the Owner’s acceptance of the XXXX contractor’s GMP proposal for the Project.

Long Lead-Time Items. The XXXX contractor Construction Manager shall be solely responsible review the design for the purpose of identifying long lead procurement items (machinery, equipment, materials and identify supplies) and shall recommend to the Owner and the Architect a schedule for procurement of materials and/or equipment requiring extended delivery times and advise Owner on expedited procurement long lead time items, which shall constitute part of those items the Work as required to meet the project schedule Project schedule. When each item is identified, the XXXX shall notify the Owner of the required procurement and minimize risk schedule. Such information shall be included in the bid documents and be made a part of cost escalationall affected subcontracts. As soon as the Architect has completed plans and technical specifications and the XXXX has obtained approval, the XXXX shall arrange for procurement of such long-lead items, subject to prior Owner Approval. The XXXX contractor shall keep informed of the progress of the respective subcontractors or Suppliers, manufacturing or fabricating such items and advise Owner and Designer on the preparation Owner, of performance specifications and requests for technical proposals for the procurement and installation of systems and components and for the procurement any problems or prospective delay in delivery Procurement of long lead items. If requested by Owner and time items shall be subject to the Owner’s prior written approval, issue requests for technical proposals to qualified sources and receive proposals and assist in their evaluationcompetitive bidding practices as described at Subparagraph 2.1.6 herein. If such long-lead-long lead time items are procured by the Owner, they shall be procured on terms and conditions mutually acceptable to the XXXX contractor and OwnerConstruction Manager. Upon the Owner's ’s acceptance of the XXXX contractorConstruction Manager’s GMP Guaranteed Maximum Price proposal, the Owner shall assign all contracts for such items shall be assigned by the Owner to the XXXX contractorConstruction Manager, who shall accept responsibility for such items as if procured by the XXXX contractorConstruction Manager. The XXXX contractor Construction Manager shall expedite the delivery of long-lead-time items and assume all risk associated with on-site storage and cost escalation. With the specific written approval of the Owner and/or Designer, the XXXX contractor shall, when reasonably required to maintain the Project schedule, be permitted to contract with subcontractors and to enter into contracts to secure long-long lead time items prior to the Owner’s acceptance of the XXXX contractor’s GMP proposal for the Projectitems.