Progress Estimate Clause Samples

A Progress Estimate clause defines the process for periodically assessing and reporting the advancement of work on a project. Typically, it requires the contractor or service provider to submit regular updates detailing the percentage of work completed, milestones achieved, and any deviations from the planned schedule. This clause ensures that all parties remain informed about the project's status, enabling timely identification of delays or issues and supporting effective project management and payment scheduling.
Progress Estimate. Within ten (10) days following the end of each calendar month, Contractor will prepare on the District’s standard "Application for Payment" Form and deliver to the Architect or District a written payment request setting forth Contractor's estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the Architect or District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Architect, Contractor shall furnish the Architect with copies of invoices for all such items delivered to the job site.
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Progress Estimate. Within ten (10) days following the end of each calendar month, Contractor will prepare on the Districts standard "Application for Payment" Form and deliver to the District a written payment request setting forth Contractor's estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Owner, Contractor shall furnish the Owner with copies of invoices for all such items delivered to the job site.
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Progress Estimate. As soon as possible following the end of each calendar month, Contractor will prepare on the Districts standard “Application for Payment” Form B (see Procedures Manual, Attachment 5 to this Project Manual) and deliver to the Architect or District a written payment request setting forth Contractor’s estimate of the percentage of Work completed during that month and the value of all such Work. In arriving at the value of the Work done, the Architect or District will give consideration to the value of labor and materials which have been incorporated into the permanent work, including any and all shop fabrication, by Contractor during the preceding month. Consideration will not be given to preparatory work done or for materials or equipment on hand. In order to assist the Architect, Contractor shall furnish the Architect with copies of invoices for all such items delivered to the job site. Prior to submission and acceptance of first application for payment, and unless waived or modified by District Representative in writing, Contractor shall provide to District or Architect all items per Attachment 13 to this Project Manual. These items must be submitted no later than sixty (60) days after the date of this Facilities Lease (which is also the “Submittal Period” per Article 11 of these General Conditions) or earlier as required to meet the payment schedule.
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Progress Estimate. For each calendar month of Work, the Contractor will prepare an application for payment of all Work performed under the Contract. The Project Manager will review the application for payment and determine if it is a fair approximation of the value of all Work done under the Contract, including any amounts due the Contractor for Extra Work and Change Orders. In arriving at the value of the Work done, the Project Manager will give consideration to the value of labor and materials, which have been incorporated into the Work by the Contractor during the preceding month. In order to assist the Project Manager, the Contractor shall furnish the Project Manager with copies of invoices for items delivered to the job site.
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Related to Progress Estimate

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • PROGRESS EVALUATION Engineer shall, from time to time during the progress of the Engineering Services, confer with County at County’s election. Engineer shall prepare and present such information as may be pertinent and necessary, or as may be reasonably requested by County, in order for County to evaluate features of the Engineering Services. At the request of County or Engineer, conferences shall be provided at Engineer's office, the offices of County, or at other locations designated by County. When requested by County, such conferences shall also include evaluation of the Engineering Services. County may, from time to time, require Engineer to appear and provide information to the Williamson County Commissioners Court. Should County determine that the progress in Engineering Services does not satisfy an applicable Work Authorization or any Supplemental Work Authorization related thereto, then County shall review same with Engineer to determine corrective action required. Engineer shall promptly advise County in writing of events which have or may have a significant impact upon the progress of the Engineering Services, including but not limited to the following: A. Problems, delays, adverse conditions which may materially affect the ability to meet the objectives of an applicable Work Authorization or any Supplemental Work Authorization related thereto, or preclude the attainment of Project Engineering Services units by established time periods; and such disclosure shall be accompanied by statement of actions taken or contemplated, and County assistance needed to resolve the situation, if any; and B. Favorable developments or events which enable meeting goals sooner than anticipated in relation to an applicable Work Authorization’s or any Supplemental Work Authorization related thereto.

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Estimate The Engineer shall independently develop and report quantities necessary to construct the contract in standard State bid format at the specified milestones and Final PS&E submittals. The Engineer shall prepare each construction cost estimates using Estimator or any approved method. The estimate shall be provided at each milestone submittal or in DCIS format at the 95% and Final PS&E submittals per State’s District requirement.