Common use of Further Revisions to Cost Estimate and Project Schedule Clause in Contracts

Further Revisions to Cost Estimate and Project Schedule. If necessary, the Associate shall inform the University of the need for any adjustments in the Detailed Estimate of Construction Cost and the Project Schedule. Upon approval of the University of any such adjustments, the Associate shall prepare a revised Detailed Estimate of Construction Cost or a revised Project Schedule, as applicable, incorporating such adjustments, and deliver to the University.

Further Revisions to Cost Estimate and Project Schedule. If necessary, the Associate shall inform the University Owner of the need for any adjustments in the Detailed Estimate of Construction Cost and the Project Schedule. Upon approval of the University Owner of any such adjustments, the Associate shall prepare a revised Detailed Estimate of Construction Cost or a revised Project Schedule, as applicable, incorporating such adjustments, adjustments and deliver to obtain the UniversityOwner's signature thereon.