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6 <br /> 4.2.1 At the times designated herein, the Designer shall develop an estimate of the total cost of the Project (the "Total Project Cost"), including <br /> Designer's fees, costs of the construction, costs of equipment,furnishings,furniture and signage, permit fees and appropriate contingencies, and <br /> exclusions, where applicable.These costs shall be prepared and submitted to the Owner substantially in the format shown in Attachment C to this <br /> Agreement,with supporting documents listing quantities, unit price, labor rates, man-hour estimates, overhead and profit. Total Project Cost shall be <br /> mutually agreed upon by Owner and Designer as noted in paragraph 4.2.4. The timing of this Total Project Cost agreement shall be identified as a <br /> milestone in Attachment D. If cost estimating is not part of the project scope,the Total Project Cost shall be specified here: [BLANK] <br /> 4.2.2 Project cost estimates shall be prepared by qualified staff members of the Designer or the authorized Project Consultants listed on Attachment <br /> E, or a qualified cost estimating Consultant to the Designer who are acceptable to the Owner. <br /> 4.2.3 Total Project Cost estimates shall be prepared at 1 points in the production of the Designer's work: <br /> A. At completion of one design; and <br /> B.At completion of N/A; and <br /> C. At completion of one of the construction documents; and <br /> D. One cost estimate shall be prepared once bid drawings are completed. <br /> 4.2.4 If applicable per section 4.2.3, when the first of these estimates of Total Project Cost has been approved in writing by the Owner, it shall be used <br /> by the Owner as a basis for appropriating funds specifically for the Project. Once this Total Project Cost has been so approved by the Owner and the <br /> conditions of the project (cost environment,time schedule, etc.)are reasonably similar,the Designer shall be obligated, without additional <br /> compensation, to adjust the design of the Project to assure that it remains within the approved Total Project Cost. <br /> 4.2.5 Should bidding or negotiation with contractors produce prices which, when added to the other elements of the approved Total Project Cost, <br /> produce a cost that is in excess of the approved Total Project Cost, the Designer shall participate with the Owner in negotiation and design adjustments <br /> to the extent such are necessary to obtain prices within the approved Total Project Cost. All activity of the Designer with respect to these matters shall <br /> constitute Basic Services and shall be performed by the Designer without additional compensation. If negotiation and design adjustments fail to bring <br /> costs within the Total Project Cost the Owner may reject all bids and Designer will redesign or reduce portions of the project in an effort to reduce the <br /> bid prices to within the Total Project Cost and rebid the project. All such redesign is included within Basic Services. If this second letting for bids does <br /> not produce bids that are within the approved Total Project Cost initially or after negotiations with the contractor,the Designer is not obligated to <br /> further redesign the Project. <br /> 4.3 Proiect Conferences <br /> 4.3.1 For the duration of the development of the Project,the Designer and its Consultants shall meet periodically with the Owner.The Designer shall <br /> meet with Owner as necessary to properly fulfill the requirements of this Agreement. The minimum regularly scheduled meetings which the Designer <br /> shall be required to attend are listed below: <br /> Programming Phase <br /> Design Development <br /> Prebid Meeting <br /> Bid Acceptace (if formally bidding) <br /> Progress Meetings for Construction <br /> 4 <br /> Revised 01/24 <br />