Project Management Cost Estimate

Project Management Cost Estimate

Project Identification

Estimate Number:   |   Project ID:   |   Date Prepared:

Scope of Work

The Service Provider will perform project management services as described below. Services include planning, scheduling, resource coordination, risk management, stakeholder reporting, and deliverable acceptance facilitation. Work excluded from this estimate is listed under Out of Scope.

Deliverables and Acceptance Criteria

Each deliverable below includes acceptance criteria to be used for formal acceptance. Acceptance is conditioned upon delivery of requested artifacts and resolution of critical defects identified within the acceptance period.

Estimated Cost for Deliverable 1: $

Estimated Cost for Deliverable 2: $

Estimated Cost for Deliverable 3: $

Timeline and Milestones

Project Start Date:   |   Project End Date (estimated):

Due Date:   |  Notes:

Due Date:   |  Notes:

Due Date:   |  Notes:

Budget and Cost Breakdown

Provide unit cost and estimated hours for each cost element. Costs are estimates and subject to change as set forth under the Change Order procedure below.

Quantity/Hours:    Unit Cost: $    Line Total: $

Quantity/Hours:    Unit Cost: $    Line Total: $

Quantity/Hours:    Unit Cost: $    Line Total: $

Subtotal: $    Tax (%):    Contingency (%):

Total Estimated Cost: $

Payment Schedule

Payments to the Service Provider will be made according to the schedule below. Amounts are expressed as either percentage of Total Estimated Cost or fixed amounts as indicated. Invoices will reference the deliverable or milestone upon which payment is conditioned.

Amount (% or $):    Due Upon:

Amount (% or $):    Due Upon:

Amount (% or $):    Due Upon:

Change Order Procedure

All changes to scope, schedule or cost must be approved through a written Change Order executed by authorized representatives of both parties. The Change Order will document the scope change, schedule impact, and cost adjustment. The Service Provider will not be required to proceed with work outside this estimate until a Change Order is executed.

Assumptions and Qualifications

The estimate is based on the information available at the time of preparation. The Service Provider's obligations are limited to the scope described herein and subject to the assumptions stated below. Additional work arising from incorrect or incomplete information will be treated as a Change Order.

Confidentiality

Both parties agree that all proprietary information, trade secrets, pricing detail, and other non-public information exchanged in connection with this estimate shall be treated as confidential and used solely for the performance and evaluation of this proposal. Confidential information shall not be disclosed to third parties except as required by law or with prior written consent of the disclosing party.

Limitation of Liability

Except for liability resulting from gross negligence or willful misconduct, the Service Provider's total liability arising from or related to this estimate shall not exceed the total fees paid under the resulting agreement. Neither party shall be liable for consequential, incidental, or punitive damages.

Governing Law

This estimate and any resulting agreement shall be governed by and construed in accordance with the laws of the state of without regard to choice-of-law principles. Venue for any dispute shall be the appropriate state or federal court located within that state.

Estimate Validity and Certification

This cost estimate is valid for days from the Date Prepared. By signing below, each party certifies that the individual signing is authorized to bind the respective party and that receipt of a fully executed copy constitutes acceptance of the terms and pricing set forth in this document.

Notes / Additional Terms

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