4.5  Price verification and role of Independent Estimator

(a)  Identify the Independent Estimator (IE) and describe the process that was followed for selecting the IE.

(b)  Describe the scope of works for the IE both prior to and following the approval of the TOC, including how often the IE is/has been required to review and/or verify project costs during the alliance.

(c)  What reports will be/have been received from IE? (Note: These reports should be included as an attachment to the VfM Report.)