Common use of RESPONSIBILITY FOR CONSTRUCTION COST Clause in Contracts

RESPONSIBILITY FOR CONSTRUCTION COST. 5.2.1 Evaluations of the Owner’s Project budget, preliminary estimates of Construction Cost and detailed estimates of Construction Cost prepared by the Construction Manager represent the Construction Manager’s best judgment as a person or entity familiar with the construction industry. It is recognized, however, that neither the Construction Manager nor the Owner has control over the cost of labor, materials or equipment, over Contractors’ methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, the Construction Manager cannot and does not warrant or represent that bids or negotiated prices will not vary from the Project budget proposed, established or approved by the Owner, or from any cost estimate or evaluation prepared by the Construction Manager.

RESPONSIBILITY FOR CONSTRUCTION COST. 5.2.1 Evaluations of the Owner’s 's Project budget, preliminary estimates of Construction Cost and detailed estimates of Construction Cost prepared by the Construction Manager represent the Construction Manager’s 's best judgment as a person or entity familiar with the construction industry. It is recognized, however, that neither the Construction Manager nor the Owner has control over the cost of labor, materials or equipment, over Contractors’ ' methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, the Construction Manager cannot and does not warrant or represent that bids or negotiated prices will not vary from the Project budget proposed, established or approved by the Owner, or from any cost estimate or evaluation prepared by the Construction Manager.

RESPONSIBILITY FOR CONSTRUCTION COST. 5.2.1 3.2.1 Evaluations of the Owner’s 's Project budget, preliminary estimates Statements of Probable Construction Cost and detailed estimates Estimates of Construction Cost Cost, prepared by the Construction Manager Engineer, represent the Construction Manager’s Engineer's best judgment as a person or entity design professional familiar with the construction industry. It is recognized, however, that neither the Construction Manager Engineer nor the Owner has control over the cost of labor, materials or equipment, over Contractors’ the Contractor's methods of determining bid prices, or over competitive bidding, market or negotiating conditions. Accordingly, the Construction Manager Engineer cannot and does not warrant or represent that bids or negotiated prices will not vary from the Project budget proposed, established or approved by the Owner, if any, or from any Statement of Probable construction Cost or other cost estimate or evaluation prepared by the Construction ManagerEngineer.

RESPONSIBILITY FOR CONSTRUCTION COST. 5.2.1 6.1. Evaluations of the Owner’s 's Project budget, preliminary estimates of Construction Cost construction cost and detailed estimates of Construction Cost construction cost prepared by the Construction Preconstruction Manager represent the Construction Preconstruction Manager’s 's best judgment as a person or entity familiar with the construction industry. It is recognized, however, that neither the Construction Preconstruction Manager nor the Owner has control over the cost of labor, materials or equipment, over Contractors’ contractors' methods of determining bid prices, prices or over competitive bidding, market or negotiating conditions. Accordingly, the Construction Preconstruction Manager cannot and does not warrant or represent that bids or negotiated prices will not vary from the Project budget Budget proposed, established or approved by the Owner, or from any cost estimate or evaluation prepared by the Construction Preconstruction Manager.