Completion Period. Time is essence of the contract. The work should be completed in all respect accordance with the terms of contract within a period of 60 days from the date of award of work.
Completion Period. 4.8.1 The work shall be completed in all respects and handed over to the department within the period specified. The date of successful completion of the prescribed testing at site after installation and handing over the installation to the department shall be taken as the date of completion of the work. DLP period if any will commence from this date.
4.8.2 The completion period is Twelve (12) months from the date of handing over of site. The successful bidders will be empanelled for the same period.
Completion Period. Section 1. The CONTRACTOR shall perform and complete the PROJECT to the satisfaction of the PROCURING ENTITY within < ________> calendar days reckoned from the date of issuance of, or the date stated in, the Notice to Proceed, whichever is earlier.
Section 2. The completion period shall include the time for securing all pertinent permits that may be required by any government office or agency in connection with the PROJECT.
Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM by [insert date] (“Completion Date”).
5.2 Where the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay.
5.3 IOM shall not approve requests for time extension for reasons such as but not limited to:
(a) Project location, conditions and restrictions identified during time of tender and award of the Agreement;
(b) Normal weather and climatic conditions prevailing at the site location;
(c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor;
(d) Financial, operational and labor difficulties of the Contractor or any of its sub- Contractor/s or supplier/s;
(e) Any required rectification of non-conforming work items; and
(f) Nature and condition of terrain.
5.4 IOM may revise the Completion Date as stated in Article 5.1 in response to the Contractor’s request for time extension caused by any of the following:
(a) Force Majeure as described in Article 16;
(b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties;
(c) IOM’s failure to make timely payments for the Works completed to IOM’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing.
5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day of delay until the whole Works are completed and accepted by IOM according to Article 4.7. IOM may, at its discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date before extension. If the Agreement is terminated by either Party after the Completion Date due to non-completion of the Works, the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price f...
Completion Period. The completion period of the project shall be from receipt of sanction letter from <IMPLEMENTING AGENCY/EXPERT PSU>
Completion Period. The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM by [insert date] (“Completion Date”).
Completion Period. 13.1. A completion period is only binding when accepted in a written agreement that also covers, in particular, the scope of the Services to be provided. The completion period begins as soon as, in ABB’s opinion, all preliminary requirements for the commencement of the provision of the Services have been fulfilled.
13.2. An agreed completion period shall be deemed to have been complied with if, upon its expiry, the Plant is ready for the agreed operation, even though individual parts may still be missing or some readjustments may still be necessary.
13.3. Compliance with the agreed completion period is conditional upon the customer fulfilling all its contractual and non-contractual obligations to ABB.
13.4. The completion period shall be extended for a reasonable term if:
a) the information required for performance of the contract is not made available to ABB in time or is incomplete, or if the customer subsequently changes such information; or
b) the customer or a third party is in delay with work it has to execute, or the customer is in delay in the performance of its contractual obligations; or
c) impediments exist which ABB, despite the use of the required level of care cannot prevent, re- gardless of whether such impediments arise at ABB’s, the customer’s or a third party’s prem- ises. Such impediments include, in particular, significant operating breakdowns, accidents, xx- xxxx conflicts, measures taken or omissions by any state authorities; or
d) any other circumstances arise for which ABB is not responsible.
13.5. If the agreed completion period is not complied with, the customer may claim damages for delay if it can be proved that the delay was caused through the fault of ABB. Damages for delay shall not exceed 1/2 percent for each full week's delay and shall in no event whatsoever altogether exceed 5 percent of the contract price for the Services for the part of the Plant that could not be put into operation on time due to the delay. After reaching the maximum damages for delay, the customer shall grant ABB a reasonable exten- sion of time in writing. If such extension is not complied with for reasons for which ABB is at fault, the customer may terminate the contract. In such an event, ABB shall only be liable for reimburse- ment of sums paid for the parts of the Services affected by the termination.
13.6. If a specific date is agreed instead of a completion period, such date shall correspond to the last day of an agreed completion period. Clause...
Completion Period. 3.1 The contract work shall be duly completed in all respect and handed over to N.F.L. within stipulated time schedule from the date of issue of Letter of Intent. The time mentioned herein shall be the essence of the contract.
Completion Period. Work will be manned with sufficient competent trade force in order to complete the project in a continuous and timely fashion as related to the Contractor's overall schedule. Failure to staff the job with adequate resources to achieve schedule requirements will result in termination without reimbursement. In the event Subcontractor fails to maintain the schedule, Subcontractor shall, without additional compensation, work such overtime as Contractor may direct until Subcontractor is in compliance with such schedule. Any disputes arising from changes in the work, scope of work, specifications, financial matters, change orders, etc. shall be resolved through negotiations with Contractor without delay to the project schedule. Any delays in the project schedule shall result in backcharges to the responsible party(ies). Failure to continue work until completion shall subject Subcontractor to penalty. Subcontractor understands there may be both union and open shop labor utilized on the project and is responsible for maintaining the schedule. Subcontractor and it's workforce shall not participate in work stoppages, slowdowns or protests on this site.
5.1 In the event the Subcontractor is delayed in the performance of its work, for any reason whatsoever, Subcontractor shall only be entitled to an extension of time. In no event shall Contractor or Owner be liable to Subcontractor for prospective or speculative profits, or special, indirect or consequential damages, including, but not limited to, a claim for delay damages, extended field conditions, unabsorbed home office overhead, interference or any other additional expenses claimed by the Subcontractor in connection with its work.
Completion Period. 4.1 Subcontractor will provide a sufficient competent trade force in order to complete the Subcontractor Work in a continuous and timely fashion as related to the Contractor's overall schedule. Failure to staff the job with adequate resources to achieve schedule requirements will result in termination without reimbursement. Time is of the essence with respect to the commencement, progress, and completion of the Subcontract Work. The Subcontractor shall, at its sole expense, work overtime, including Saturdays and Sundays, and/or hire additional labor or Sub-subcontractors, at the direction of Contractor, if, in the judgment of Contractor, such overtime, Saturday/Sunday work and/or additional labor or Sub-subcontractors are necessary to meet progress requirements due to any delays caused by the Subcontractor or the failure by the Subcontractor to commence or progress its work timely or the failure by the Subcontractor to be in conformity with the job progress. Contractor shall have the right to backcharge Subcontractor for any costs incurred by Contractor, including but not limited to, all costs associated with the supervision of overtime work. In the event Subcontractor fails to proceed with the Subcontract Work as directed by the Contractor or, in a prompt and diligent manner or, in the sole opinion of Contractor, jeopardizes the progress schedule in any manner, Contractor, after providing Subcontractor with notice and 24 hours to cure, shall have the right to take any and all action deemed necessary (e.g., adding additional manpower) by Contractor, in its sole discretion, to safeguard the project schedule and backcharge Subcontractor for all costs and associated mark-up associated with such action including, without limitation, supplementing Subcontractor’s manpower. Nothing contained herein shall limit Contractor’s rights and remedies against Subcontractor. Any delays in the project schedule shall result in backcharges to the Subcontractor for any and all liquidated or other damages that may be assessed against, or incurred by, Contractor, which are directly or indirectly attributable to Subcontractor’s failure to perform in accordance with the Contract documents, as well as any extra costs or damages incurred by Contractor directly or indirectly resulting from Subcontractor’s failure including, without limitation, recovery of Contractor’s overhead and expenses. Failure to continue work until completion shall subject Subcontractor to penalty. Subcontract...
