Opinion of Probable Construction Cost. As part of the Deliverables, COMPANY may submit to the CLIENT an opinion of probable cost required to construct work recommended, designed, or specified by COMPANY, if required by CLIENT. COMPANY is not a construction cost estimator or construction contractor, nor should COMPANY’S rendering an opinion of probable construction costs be considered equivalent to the nature and extent of service a construction cost estimator or construction contractor would provide. This requires COMPANY to make a number of assumptions as to actual conditions that will be encountered on site; the specific decisions of other design professionals engaged; the means and methods of construction the contractor will employ; the cost and extent of labor, equipment and materials the contractor will employ; contractor's techniques in determining prices and market conditions at the time, and other factors over which COMPANY has no control. Given the assumptions which must be made, COMPANY cannot guarantee the accuracy of its opinions of cost, and in recognition of that fact, the CLIENT waives any claim against COMPANY relative to the accuracy of COMPANY’S opinion of probable construction cost.
Opinion of Probable Construction Cost. Opinion of Probable Construction Cost means a level one (1) cost estimate to facilitate budgetary and feasibility determinations, based on historical information with adjustments made for specific Project conditions, wherein estimates are based on costs per square foot, number of rooms/seats, etc. Project information required for estimates at this level shall include a general functional description, schematic layout, geographic location, size expressed as building area, numbers of people, seats, as such, and intended use.
Opinion of Probable Construction Cost b) Participate in review meetings (90% Submittal and 100% Submittal). Prepare meeting agenda and meeting minutes.
Opinion of Probable Construction Cost. Opinions of probable construction costs and detailed cost estimates prepared by the Engineer represent his/her best judgment as a design professional familiar with the construction industry. It is recognized, however, that the Engineer has no control over the cost of labor, materials or equipment, over the Contractor's methods of determining bid prices or over competitive bidding or market conditions. Accordingly, Engineer makes no warranty, express or implied, that the bids or the negotiated cost of the work will not vary form Engineer's opinion of probable construction costs.
Opinion of Probable Construction Cost. Design Professional will update the quantities and the opinion of probable construction cost to address 100% review comments from the City and to update the estimate based on the 100% Design. Deliverables: • 100% Opinion of Probable Construction Cost (2 hard copy, electronic copy)
Opinion of Probable Construction Cost. A. Perform quantity takeoffs and prepare preliminary opinions of probable construction cost for the 30%, 60%, 90%, and 100% design milestones.
Opinion of Probable Construction Cost. A+E will prepare an opinion of probable construction cost and total project cost based on the final drawings and specifications. A general schedule for the construction phase of the work will also be furnished. The schedule shall identify the following for which the construction work duration is based: Execution of the Notice to Proceed, field work commencement, field work seasonal stoppage/start-up (if applicable), and substantial and/or final completion of work. Design Meetings A+E will meet at reasonable and customary intervals to provide a close liaison with the Town of Middlebury and any recognized authorities having jurisdiction in regard to the engineering phases of this project. The following meetings have been included in this scope of work:
Opinion of Probable Construction Cost. 4) 100% Submittal:
Opinion of Probable Construction Cost. 5) Bid Set Submittal:
Opinion of Probable Construction Cost. Provide a final Opinion of Probable Construction Costs for civil related items.
