Validation Study. The Validation Study together with Target Value Design will define the Base Program, Target Cost, and the Milestone Schedule. It will also: • include each item identified in the Validation Study; • include a detailed breakdown of all projected Chargeable Costs sufficient to allow PMT to confirm that there is a reasonable probability of delivering the Base Program for the Target Cost within the Contract Time.
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Sources: Integrated Project Delivery Agreement, Integrated Project Delivery Agreement
Validation Study. The Validation Study together with Target Value Design will define the Base Program, Target Cost, and the Milestone Schedule. It will also: • include each item identified in the Validation Study; • include a detailed breakdown of all projected Chargeable Costs sufficient to allow PMT to confirm that there is a reasonable probability of delivering the Base Program for the Target Cost within the Contract Time.
Appears in 1 contract