Validation Phase definition

Validation Phase is the first phase of the Project where the Owner and Risk/Reward Team members document the Base Program and establish the Target Cost and the Added Value Incentive Items.
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Validation Phase means that portion of the Work and the Services as described in Part C of this Agreement to be performed under this Agreement prior to the commencement of the Design and Procurement Phase as described in Section 10.10.
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Validation Phase is that portion of the Work and the Services to be performed under this Agreement up through Owner’s approval of the Validation Study.
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Examples of Validation Phase in a sentence

  • The PMT will develop the ICL Distribution Spreadsheet and update it to include those Risk/Reward Team members procured during the Validation Phase per Article 6 and indicate the respective ICL and ICL Percentages of the Risk/Reward Team.

  • The PMT will update the Contract Task Matrix (Exhibit C) as required to include the necessary subcontractors, Vendors, suppliers, subconsultants and Separate Contractors procured during the Validation Phase that will be performing certain tasks.

  • This Project has 3 phases of Work: Validation Phase, Design/Preconstruction Phase, and Construction Phase.

  • Key subconsultants, subcontractors, Vendors, and suppliers will be procured early during the Validation Phase.

  • Those subconsultants, subcontractors, Vendors, and suppliers that were not procured during the Validation Phase will be procured sometime during the Design/Preconstruction Phase or, in some cases, early during the Construction Phase.

  • During the Validation Phase, the IPD Team, under the direction of the PMT, will prepare a Validation Study that defines the Base Program, Target Cost, and a Milestone Schedule for approval and acceptance by the Owner.

  • If Owner expressly provides notice of its intent to suspend the Project, CM/GC and Architect shall promptly provide Owner with an estimate of any impact on: (i) during the Construction Phase, the Allowable Cost, Expected Cost, Target Cost and the EMP; or (ii) during the Validation Phase or the Design and Procurement Phase, the Allowable Cost, Expected Cost and Target Cost that will result from the suspension.

  • As determined by the PMT, the Architect and Contractor will procure certain key subcontractors and consultants to assist in the required design and construction services of the Validation Phase.

  • CM/GC will contract with the Subcontractors and Suppliers to perform Work during the Validation Phase, the Design and the Procurement Phase, the Construction Phase and the Post Construction Phase, as described in this Agreement and applicable Work Authorizations.

  • The term of this Agreement (the “Term”) shall commence on the Effective Date and, unless terminated earlier pursuant to this Article 11, shall continue in effect on an R&D Program-by-R&D Program basis until the expiration of the Stage 3 Initiation Period or, if GSK elects to initiate Stage 3 activities, upon the completion of the Pharmacological Validation Phase, unless earlier terminated in accordance with this Article 11.


More Definitions of Validation Phase

Validation Phase means the first few phases of the Project (Conceptualization and
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Validation Phase means the period of time commencing upon the conclusion of the Pilot Phase and continuing until the completion of the regulatory filing described in Section 4.5.
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Related to Validation Phase

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Development Phase means the period before a vehicle type is type approved.

  • Design Phase means the period during which the Transporter shall prepare a draft project proposal for publication in accordance with section 4.3;

  • Validation as used in WAC 222-20-016, means the department's agreement that a small forest landowner has correctly identified and classified resources, and satisfactorily completed a roads assessment for the geographic area described in Step 1 of a long-term application.

  • Phase 3 means a controlled or uncontrolled human clinical trial of a compound or product that would satisfy the requirements of 21 CFR 312.21(c) or its foreign equivalents.