PURPOSE; PROPOSAL; SCHEDULE Clause Samples
The "PURPOSE; PROPOSAL; SCHEDULE" clause defines the overall intent of the agreement, outlines the specific proposal or scope of work to be undertaken, and sets forth the timeline or schedule for performance. In practice, this clause typically identifies the objectives of the contract, describes the deliverables or services to be provided, and establishes key deadlines or milestones. By clearly articulating these foundational elements, the clause ensures that both parties have a mutual understanding of what is to be accomplished, how it will be done, and when, thereby reducing the risk of misunderstandings or disputes regarding expectations and timing.
PURPOSE; PROPOSAL; SCHEDULE. 2.01 Purpose. The purpose of this Agreement is to provide for the provision of Construction Management Services for the PROJECT by the CM, and construction of the PROJECT by the CM in accordance with the Project Plans and Specifications. The further purpose of this Agreement is to define and delineate the responsibilities and obligations of the parties to this Agreement and to express the desire of all such parties to cooperate together to accomplish the purposes and expectations of this Agreement.