Common use of Milestone Estimate Clause in Contracts

Milestone Estimate. When a Milestone achievement is reached, the General Contractor and Prime Consultant will prepare a proposed estimate that: (i) is current as of date of Milestone achievement; (ii) contains all elements and costs that are included within the Target Cost; and (iii) is based on the actual incurred Chargeable

Milestone Estimate. When a Milestone achievement is reachedachieved, the General Contractor and Prime Consultant Architect will prepare a proposed estimate that: (i) is current as of date of Milestone achievement; (ii) contains all elements and costs that are included within the Target Cost; and (iii) is based on the actual incurred Chargeableand