The CM shall provide the following Basic Services and Additional Services (together the “Preconstruction Scope of Services”) for the Owner pursuant to all requirements of the Contract Documents: Basic Services: 1. Cost Study - During each of the following phases of design, the CM shall prepare a detailed Cost Study, as a separate deliverable from the GMP and as described below, for the Project: a. Schematic b. Preliminary c. Working Drawings During the development of the Cost Study, the CM shall work closely with the A/E and the Owner to understand the various aspects of the design and components of the Project. Each Cost Study shall include the following elements: 1. A detailed cost estimate for all Work items and the methodology for establishing the value for each item. All estimates shall be in an ASTM Uniformat II cost breakdown structure. Each line item of the scope must be specifically attributable to a subconsultant’s proposed cost, which will allow the AE Team to review the CM’s cost estimates with the goal of reconciliation. 2. Contingency shall be included in the detailed estimates in two categories: (1) Design Contingency; and (2) CM Contingency. The value of the Design Contingency shall decrease at each design phase commensurate with the completeness of the Project documents. The CM Contingency shall be included in the detailed estimate at each design phase, including in the GMP at the working drawing stage, and shall be of sufficient value to cover those items identified to be paid from the CM Contingency as described in the HECO-9CM(2) CM at Risk Contract. 3. Pricing of alternate design options identified by the CM, the A/E or the Owner.