Common use of Fixed Limit of Construction Cost Clause in Contracts

Fixed Limit of Construction Cost. ‌ In performing its design services, the Design Professional shall use its best efforts to have Project bids satisfy the Fixed Limit of Construction Cost. To enable the Design Professional to design within such Fixed Limit of Construction Cost, the Design Professional shall be permitted to determine, in accordance with the Owner’s design guidelines and program, as defined in the Schedule of Project Details, what materials, non-medical equipment, non-medical component systems and types, and means of construction are to be included in the Contract Documents, and to make reasonable adjustments in the scope of the Project to assure that the Construction Costs are not exceeded. The Design Professional shall, as part of its Basic Services hereunder, include alternate bids in the Contract Documents to provide a mechanism to adjust the Bid Pricing to remain within the Fixed Limit of Construction Cost; provided, however, such alternates shall not compromise the program for the Project without the written acceptance of the Owner.

Fixed Limit of Construction Cost. ‌ In performing its design services, the Design Professional shall use its best efforts to have Project bids satisfy the Fixed Limit of Construction Cost. To enable the Design Professional to design within such Fixed Limit of Construction Cost, the Design Professional shall be permitted to determine, in accordance with the Owner’s design guidelines and program, as defined in the Schedule of Project Details, what materials, non-medical equipment, non-medical component systems and types, and means of construction are to be included in the Contract Documents, and to make reasonable adjustments in the scope of the Project to assure that the Construction Costs are not exceeded. The Design Professional shall, as part of its Basic Services hereunder, include alternate bids in the Contract Documents to provide a mechanism to adjust the Bid Pricing to remain within the Fixed Limit of Construction Cost; provided, however, such alternates shall not compromise the program for the Project without the written acceptance of the Owner.