Common use of Project Construction Cost Clause in Contracts

Project Construction Cost. (i) Revise the Project Construction Cost for each Project. Along with the conditions previously identified herein and identified in the Agreement, A-E shall update and refine the Design Development Phase revisions to the Project Construction Cost. A-E shall provide a Project Construction Cost sorted by each Project Bid Package. (ii) At this stage of the design, the Construction Cost Budget may include design contingencies of no more than 5% in the cost estimates.

Project Construction Cost. (i) Revise the Project Construction Cost for each Project. Along with the conditions previously identified herein and identified in the Agreement, A-E shall update and refine the Design Development 50% Construction Documents Phase revisions to the Project Construction Cost. A-E shall provide a Project Construction Cost sorted by each Project Bid Package. (ii) At this stage of the design, the Project Construction Cost Budget may shall not include any design contingencies in excess of no more than 5% in the cost estimates. (iii) The final Project Construction Cost shall be consistent with the Construction Budget in the Service Order.