Estimated Contract Sum definition

Estimated Contract Sum means Construction Manager’s preliminary estimate of the Contract Sum generated during the Project’s preconstruction phase for Owner’s use during Project planning.
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Estimated Contract Sum means the total amount payable over the Contract Period as specified in Schedule 2.
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Estimated Contract Sum means the estimated total amount payable by the
Sample 1

Examples of Estimated Contract Sum in a sentence

  • Construction Manager shall include with its Estimated Contract Sum preliminary Construction Schedules for Owner Parties’ review.

  • Construction Manager shall assist Owner to refine its proposed budgets, including by generating and delivering to Owner Parties its Estimated Contract Sum, utilizing area, volume, or similar conceptual estimating techniques, and shall refine the Estimated Contract Sum based on Owner Parties’ changes during Project planning until Owner approves a Project budget and Owner Parties set each Target GMP.

  • Construction Manager shall also estimate and inform Owner Parties of affects such alternative schedules might have on the Estimated Contract Sum and Target GMPs.


More Definitions of Estimated Contract Sum

Estimated Contract Sum means the total amount payable over the Contract Period as specified in Part 1 of Schedule 2.
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Related to Estimated Contract Sum

  • Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.