Common use of Cost Planning Clause in Contracts

Cost Planning. 1.2.1 Together with MWC and the Professional Team, consider and assist in the preparation and agreement with MWC and those consultants of the Tunnel Project cost plan. In particular the Construction Manager should: a) Obtain budget costs of systems, assemblies, equipment and materials; b) Evaluate costed alternative materials, construction techniques, and installation methods; c) Advise on current pricing levels and trends in the area of the Tunnel Project; d) Prepare a cash-flow forecast for the Tunnel Project. 1.2.2 Prepare and obtain the agreement and signatures of MWC and the Professional Team to the Tunnel Project cost plan.

Appears in 2 contracts

Sources: Contract for the Appointment of a Construction Management Company, Contract for the Appointment of a Construction Management Company