Project Savings. Project savings identified during design as part of the Service Provider value engineering process are owned by the Trustees. It is one of the collaborative responsibilities of the Service Provider to look for ways of reducing Project construction costs. Proposed cost reductions shall not reduce the Project program requirements, reduce quality of materials or craftsmanship, increase life-cycle costs, negatively affect the architectural aesthetics or design intent, or adversely affect the Project completion.
Appears in 3 contracts
Sources: Task Order Construction Agreement for Multiple Projects—master Enabling Agreement, Task Order Construction Agreement for Multiple Projects—master Enabling Agreement, Task Order Construction Agreement