Cost Consultation Clause Samples

The Cost Consultation clause establishes a process for parties to discuss and review anticipated or incurred costs related to a project or agreement. Typically, this clause requires one party to provide detailed cost information and allows the other party to request clarification or adjustments before expenses are finalized or reimbursed. Its core function is to promote transparency and mutual agreement on financial matters, helping to prevent disputes over unexpected or excessive costs.
Cost Consultation. The Contractor shall provide a continuous cost consultation service for the duration of this Contract. The Contractor shall prepare solicitation and purchasing documents and be responsible for all procurement and construction cost estimates. The Contractor shall prepare final cost estimates for all early procurement of equipment and materials; for all building systems and components; and for all construction labor. The Contractor shall notify the County when, in its opinion, the estimated construction cost will exceed the Guaranteed Maximum Not-to-Exceed Compensation and at any time the anticipated completion date will exceed the approved scheduled completion.
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Cost Consultation. 2.1.1 Construction Manager shall provide preliminary cost evaluation of the program and Construction Budget requirements, each in terms of the other. Construction Manager shall prepare Uniformat estimates of construction cost for (a) the Schematic Design Phase, (b) the Design Development Phase, and (c) at the points of completion of 25% of the Contract Documents and 50% completion of the Contract Documents. The estimates provided under (b) and (c) shall be detailed estimates. Construction Manager shall assist the University and Consultant in achieving program and Construction Budget requirements and other design parameters. Construction Manager shall provide continuing value engineering services appropriate to the nature and complexity of the Project, including but not limited to cost evaluations of alternative materials and systems, subject to the requirements in 2.1.1.1 through
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Cost Consultation. The CM/GC shall provide a continuous cost consultation service for the duration of this Contract. The CM/GC shall prepare solicitation and purchasing documents and be responsible for all procurement and construction cost estimates. The CM/GC shall prepare final cost estimates for all early procurement of equipment and materials; for all building systems and components; and for all construction labor. The CM/GC shall notify the City when, in its opinion, the estimated construction cost will exceed the GMP and at any time the anticipated completion date will exceed the approved scheduled completion.
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Related to Cost Consultation

  • JOINT CONSULTATION 25.01 The parties acknowledge the mutual benefits to be derived from joint consultation and will consult on matters of common interest. 25.02 The subjects that may be determined as appropriate for joint consultation will be by mutual agreement of the parties. 25.03 Wherever possible, the Council shall consult with representatives of the Professional Institute at the appropriate level about contemplated changes in conditions of employment or working conditions not governed by this Agreement.

  • Technical Consultations If a Party has a significant concern with respect to food safety, plant health, or animal health, or an SPS measure that the other Party has proposed or implemented, that Party may request technical consultations with the other Party. The Party that is the subject of the request should respond to the request without undue delay. Each Party shall endeavour to provide the information necessary to avoid a disruption to trade and, as the case may be, to reach a mutually acceptable solution.

  • Consultation 10.1 The Employer agrees to consult the Employee timeously where the exercising of its powers will have amongst others- 10.1.1 A direct effect on the performance of any of the Employee’s functions; 10.1.2 Commit the Employee to implement or to give effect to a decision made by the Employer; and 10.1.3 A substantial financial effect on the Employer. 10.2 The Employer agrees to inform the Employee of the outcome of any decisions taken pursuant to the exercise of powers contemplated in clause 12.1 as soon as is practicable to enable the Employee to take any necessary action with delay.

  • Union Consultation The Union is entitled to consult the Employer or its representative, whenever it is alleged that Employees are required to work unreasonable amounts of overtime.

  • Consultation Services The company hereby employs the consultant to perform the following services in accordance with the terms and conditions set forth in this agreement: The consultant will consult with the officers and employees of the company concerning matters relating to the management and organization of the company, their financial policies, the terms and conditions of employment, and generally any matter arising out of the business affairs of the company.