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.