Project Cost Reports Clause Samples
The 'Project Cost Reports' clause requires the regular preparation and submission of detailed financial summaries related to a project's expenses. Typically, this involves the contractor or project manager providing periodic updates that outline actual costs incurred, compare them to the budget, and highlight any variances or potential overruns. By mandating these reports, the clause ensures transparency in financial management, enabling stakeholders to monitor spending, identify issues early, and maintain control over the project's financial health.
Project Cost Reports. The CM shall prepare and distribute project cost reports that shall indicate estimated costs compared to the Project and Construction Budget and shall make recommendations to the Owner for corrective action.
Project Cost Reports. PM shall prepare and distribute Project Cost Reports during the Construction Phase. The Reports shall compare actual Project costs to the Budget.
Project Cost Reports. Consultant shall prepare and distribute monthly Project Cost Reports during the Construction Phase. The Reports shall specify actual Project and construction costs compared to the Town-approved Project and Construction Budget.
Project Cost Reports. The Consultant shall prepare and distribute a Monthly Report that shall indicate actual or estimated costs compared to the Project and Construction Budget and shall make recommendations to the City for corrective action.
Project Cost Reports. The PM shall prepare and distribute Project Cost Reports during the Bid and Award Phase. The reports shall compare actual contract award prices for the Project with those contemplated by the Project and Construction Budget.
Project Cost Reports. If the amount claimed by the Contractor exceeds $100,000.00, Project cost reports for the time periods relevant to the Contract and the performance of the Work;
Project Cost Reports. The Construction Manager shall prepare and distribute Project cost reports that shall indicate actual or estimated costs compared to the District’s budget.
Project Cost Reports. If the amount claimed by the Contractor exceeds $100,000.00, Project cost reports for the time periods relevant to the Contract and the performance of the Work;