Design and Construction Budget Sample Clauses

The Design and Construction Budget clause establishes the financial parameters for a project’s design and construction phases. It typically outlines the total budget, allocates funds to specific project components, and may set procedures for managing changes or overruns. By clearly defining budgetary limits and responsibilities, this clause helps prevent cost overruns and ensures all parties are aligned on financial expectations throughout the project.
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Design and Construction Budget. Design-Builder shall prepare for the Project a Design-Builder’s Project Budget (the "Design and Construction Budget") setting forth a preliminary estimate of all Project costs utilizing a format as outlined on Exhibit C. The Design and Construction Budget shall be sufficiently detailed to effectively track the cost of the Project. Design Builder shall prepare and submit the Design and Construction Budget at regular intervals during the design and construction phases of the project and shall, by efficient management, supervision and value engineering, ensure that the GMP will not exceed the GMP Cost Limitation. Estimates shall set forth in detail Design-Builder's estimate of design and construction costs, including all Actual Costs, Design Contingency, Construction Contingency and Design Builder Fees, for the construction of the Project and each Component thereof. As the Construction Documents are completed, the Design-Builder shall incorporate the Design Builder’s Statements of Probable Construction Cost (Exhibit C–1) into the Design and Construction Budget.
Design and Construction Budget. Coordination of the Work.
Design and Construction Budget. The Professional firm shall be responsible for all costs incurred by it, necessitated by for rebidding a Project if it is over Budget due to their design. Submit in writing the itemized estimate of the Project construction costs with each review. Include all construction Bid packaging and Phasing. Confirm, in writing, the estimated operating utility cost of the Project. Determine the amount and adequacy of any construction contingency. Upon submittal of 90 percent Bidding Documents, confirm, in writing to the Department, that in accordance with the Contract scope of work, an accurate itemized estimate of the construction cost is formulated and the total Project construction cost is predicted to be within the Project Budget. Notify the Department, in writing, if it becomes evident, during the final design Phase schedule duration of the Project, that this Project cannot be constructed within the Professional firm’s estimated construction Budget. Unless the Department determines the problem to be outside the control or responsibility of the Professional, the Professional shall to the extent required to bring the actual Project construction Budget cost back to the Professional firm’s original estimated construction Budget cost, revise their final design drawings and specifications to produce a complete design for the Project, and will otherwise be responsible for any costs incurred by the Department in rebidding the Project. Assist the Department to rebid the Project in accordance with the Task 516 construction bidding/contracting procedures. Task 514 CONSTRUCTION SCHEDULE: Determine the appropriate Project proposed construction schedule period to be part of the Construction Contract. Give consideration to all principal influencing factors, including, but not limited to, current and projected material delivery time, local labor Contract periods, and other historical principal causes of delays. Amplify the Professional firm’s attached Project Study, Design and Proposed Construction Schedule to consider construction bidding, Phasing, seasonal influences and to account for any elements of construction having critical deliveries and/or construction times and of the Task 512 required scope of work. Task 515 FINAL DESIGN BIDDING DOCUMENTS REVIEW: Provide complete Phase 500 - Final Design Bidding Documents review. When the design is approximately 50 percent complete, submit documents to the Project Team for their review. If the design appears to exceed the Project Bu...
Design and Construction Budget. The Developer, with the assistance and input -------------------------------- of the Architect, shall establish the Budget for the design, construction and the furnishing and equipping of the Project prior to the commencement of design of the Project by any Architect. The Budget shall be reviewed by the Business Board and recommended to the Authority to be approved in writing by the Authority within 15 days of receipt, or, absent written notice of disapproval, they shall be deemed to have been approved. The Developer may revise the Budget from time to time, as necessary, to reflect any unpredicted significant changes, variables or events or to include significant, additional, unanticipated items of expense. The Developer may, without the approval of the Authority, reallocate part or all of the amount budgeted with respect to any line item to another line item and to make such other modifications to the Budget as the Developer deems necessary other than increases to the overall Budget amount or which require allocation of the Budget contingency or which materially alter the Plans and Specifications which have been approved by the Authority. In addition, the Developer may approve change orders provided Developer gives the Authority prior written notice of any proposed change order together with a copy of such order and a statement as to whether the change order will result in a budget increase and the Authority does not disapprove such change order in writing within fifteen (15) days of receipt of such notice. Budget adjustments which otherwise vary from the terms of this Agreement shall, upon the request of the Developer and evaluation of the Business Board, require the written approval of the Authority. The Authority acknowledges that the Budget is intended only to be a reasonable estimate of the Project's construction and development costs and expenses. The Developer shall not be deemed to have made any guarantee, warranty or representation whatsoever in connection with the Budget.
Design and Construction Budget. As defined in Section 11.2A(7).
Design and Construction Budget. The Developer, with the ----------------------------------- assistance and input of the Architect, shall draft the Project Budget for the design, construction and the furnishing and equipping of the Project prior to the commencement of design of the Project by any Architect. The Project Budget shall be reviewed by the PDC and recommended to the Authority to be approved in writing by the Authority. The Developer may propose revisions to the Project Budget from time to time, as necessary, to reflect any unpredicted significant changes, variables or events or to include significant, additional, unanticipated items of expense. The Developer may, with the approval of the Authority, reallocate part or all of the amount budgeted with respect to any line item to another line item and to make such other modifications to the Project Budget as the Developer deems necessary other than increases to the overall Project Budget amount or which require allocation of the Project Budget contingency or which materially alter the Plans and Specifications which have been approved by the Authority. In addition, the Developer may approve change orders provided Developer gives the Authority prior written notice of any proposed change order together with a copy of such order and a statement as to whether the change order will result in a budget increase and the Authority does not disapprove such change order in writing within fifteen (15) days of receipt of such notice. The Authority acknowledges that the Project Budget is intended only to be a reasonable estimate of the Project's construction and development costs and expenses. The Developer shall not be deemed to have made any guarantee, warranty or representation whatsoever in connection with the Project Budget.

Related to Design and Construction Budget

  • Design and Construction In complying with the requirements of the specification both with respect to arrangement and detail, design is to conform to the best current engineering practice. Each of the several parts of the material is to be of the maker’s standard design provided that this design is in general accordance with the specification. The essence of design should be simplicity and reliability in order to give long continuous service with high economy and low maintenance cost. Particular attention should be paid to internal and external access in order to facilitate inspection, cleaning and maintenance. The design dimensions and materials of all parts are to be such that they will not suffer damage as a result of stresses under the most severe conditions. Fully detailed specifications of the several parts of the material are to be submitted describing particularly the materials to be used. The materials used in the construction of the material are to be of the highest quality and selected particularly to meet the duties required of them. Mechanisms are to be constructed to avoid sticking due to rust or corrosion. Workmanship and general finish are to be of the highest class throughout. All similar parts of the material are to be interchangeable. All equipment is to operate without undue vibration and with the least possible amount of noise and is not to cause a nuisance. All equipment is to be designed to minimize the risk of fire and any damage, which may be caused in the event of fire. The equipment is also to be designed to prevent ingress of all vermin, accidental contact with live parts and to minimize the ingress of dust and dirt. The use of materials, which may be liable to attack by termites or other insects, is to be avoided.

  • Design and Construction of the Project Highway 10.1 Obligations prior to commencement of Works (i) Within 20 (twenty) days of the Appointed Date, the Contractor shall: (a) appoint its representative, duly authorised to deal with the Authority in respect of all matters under or arising out of or relating to this Agreement; (b) appoint a design director (the “Design Director”) who will head the Contractor’s design unit and shall be responsible for surveys, investigations, collection of data, and preparation of preliminary and detailed designs; (c) undertake and perform all such acts, deeds and things as may be necessary or required before commencement of Works under and in accordance with this Agreement, the Applicable Laws and Applicable Permits; and (d) make its own arrangements for quarrying of materials needed for the Project Highway under and in accordance with the Applicable Laws and Applicable Permits. (ii) The Authority shall, appoint an engineer (the “Authority’s Engineer”) before the Appointed Date to discharge the functions and duties specified in this Agreement, and shall notify to the Contractor the name, address and the date of appointment of the Authority’s Engineer forthwith. (iii) Within 30 (thirty) days of the Appointed Date, the Contractor shall submit to the Authority and the Authority’s Engineer a programme (the “Programme”) for the Works, developed using networking techniques, for review and consent of the Engineer, giving the following details: (a) Part I : Contractor’s organisation for the Project, the general methods and arrangements for design and construction, environmental management plan, Quality Assurance Plan including design quality plan, traffic management and safety plan covering safety of users and workers during construction (including use of ‘ROBOTS’ for diversion and control of traffic), Contractor’s key personnel and equipment. (b) Part II : Programme for completion of all stages of construction given in Schedule-H and Project Milestones of the Works as specified in Project Completion Schedule set forth in Schedule-J. The Programme shall include: i. the order in which the Contractor intends to carry out the Works, including the anticipated timing of design and stages of Works; ii. the periods for reviews under Clause 10.2; iii. the sequence and timing of inspections and tests specified in this Agreement; and iv. the particulars for the pre-construction reviews and for any other submissions, approvals and consents specified in the Agreement. The Contractor shall submit a revised Programme whenever the previous Programme is inconsistent with the actual progress or with the Contractor’s obligations. (c) Part III : Monthly cash flow forecast. (iv) The Contractor shall compute, on the basis of the Drawings prepared in accordance with Clause 10.2 (iv), and provide to the Authority’s Engineer, the length, area and numbers, as the case may be, in respect of the various items of work specified in Schedule-H and comprising the Scope of the Project. The Parties expressly agree that these details shall form the basis for estimating the interim payments for the Works in accordance with the provisions of Clause 19.3. For the avoidance of doubt, the sum of payments to be computed in respect of all the items of work shall not exceed the Contract Price, as may be adjusted in accordance with the provisions of this Agreement. (v) The Contractor shall appoint a safety consultant (the “Safety Consultant”) to carry out a safety audit at the design stage of the Project Highway in accordance with the Applicable Laws and Good Industry Practice. The Safety Consultant shall be appointed after proposing to the Authority a panel of three (3) names of qualified and experienced firms from which the Authority may choose one (1) to be the Safety Consultant. Provided, however, that if the panel is not acceptable to the Authority and the reasons for the same are furnished to the Contractor, the Contractor shall propose to the Authority a revised panel of three (3) names from the firms empanelled as safety consultants by the [Ministry of Road Transport and Highways] for obtaining the consent of the Authority. The Contractor shall also obtain the consent of the Authority for the key personnel of the Safety Consultant who shall have adequate experience and qualifications in safety audit of the highway projects. The Authority shall, within 15 (fifteen) days of receiving a proposal from the Contractor hereunder, convey its decision, with reasons, to the Contractor, and if no such decision is conveyed within the said period, the Contractor may proceed with engaging of the Safety Consultant. (vi) The safety audit pursuant to Clause 10.1 (v) shall be carried out by the Safety Consultant in respect of all such design details that have a bearing on safety of Users as well as pedestrians and animals involved in or associated with accidents. The recommendations of the Safety Consultant shall be incorporated in the design of the Project Highway and the Contractor shall forward to the Authority’s Engineer a certificate to this effect together with the recommendations of the Safety Consultant. In the event that any works required by the Safety Consultant shall fall beyond the scope of Schedule-B, Schedule-C or Schedule-D, the Contractor shall make a report thereon and seek the instructions of the Authority for Change in Scope. For the avoidance of doubt, the Safety Consultant to be engaged by the Contractor shall be independent of the design and implementation team of the Contractor.

  • Project Construction The Contractor agrees to provide continuous on-site supervision on each Job Order, while progress on the project is being accomplished. The Contractor’s Project Manager will ensure: 1. Coordination and providing supervision to all Subcontractor and workers; 2. Posting of the prevailing wage scale; 3. Maintaining a copy of the Contractors safety program manual made available to all construction personnel; 4. Conducting weekly on-site safety meetings; 5. Completing the daily labor and construction progress log on a daily basis and submit copies to the County on a daily basis. Copies of the previous day’s reports must be submitted by 9:00AM of the following day. a. Daily labor log is to include a listing of Subcontractor(s) and a count of workers by trade providing services for the day. b. Construction progress log is to include a narrative of the Work provided by trade(s). Narrative agrees to include the various areas of the jobsite where Work was performed and any problems or conditions that were encountered. c. In the event the Contractor fails to provide a daily log and/or construction progress log, the County may impose damages against the Contractor in the amount of fifty dollars ($50.00) for each log and deduct from the Contractor’s payment request, for each day the Contractor does not provide the documentation. 6. County may suspend Contractor operations if no Contractor Superintendent is observed. All delays caused by the suspension will be the responsibility of the Contractor. No time extension or claims for cost(s) associated with the suspension will be granted by the County.

  • Interconnection Facilities Engineering Procurement and Construction Interconnection Facilities, Network Upgrades, and Distribution Upgrades shall be studied, designed, and constructed pursuant to Good Utility Practice. Such studies, design and construction shall be based on the assumed accuracy and completeness of all technical information received by the Participating TO and the CAISO from the Interconnection Customer associated with interconnecting the Large Generating Facility.

  • ADDITIONAL CONSTRUCTIONS The Promoter undertakes that it has no right to make additions or to put up additional structure(s) anywhere in the Project after the building plan has been approved by the competent authority(ies) except for as provided in the Act.