Construction Addendum, Completion Schedule Clause Samples
The Construction Addendum, Completion Schedule clause establishes the timeline for completing specific phases or the entirety of a construction project. It typically outlines key milestones, deadlines, and any conditions that may affect the schedule, such as weather delays or material shortages. By clearly defining when work must be finished, this clause helps manage expectations, coordinate project activities, and reduce disputes related to project timing.
Construction Addendum, Completion Schedule. Further Study. After the Effecive Date of the Gaming Facility Contract, Entertainment and the Unified Government will agree upon a construction addendum to this Agreement which will provide specific on site and off site infrastructure improvements to be constructed, the timing of such construction, payment by Entertainment of all costs, and a schedule for the completion of the first phase of the Project. Within three (3) years after Project Completion, Entertainment, at its cost, shall cause an updated traffic study (the “Updated Study”) to be prepared to update the BWR. Study. The Updated Study shall be prepared by an engineer selected by Entertainment, provided that the Unified Government consents to such selection (such consent shall not be unreasonably withheld, conditioned or delayed). In the event that the Updated Study identifies additional off-site infrastructure improvements that are necessary as the direct result of impacts created by the Project after Project Completion (“Additional Improvements”), then Entertainment and the Unified Government shall negotiate in good faith to reach agreement on what Additional Improvements, if any, shall be funded by Entertainment. If Entertainment and the Unified Government are unable to reach agreement on what Additional Improvements shall be funded by Entertainment after such good faith negotiations, then such disagreement shall be submitted to binding arbitration administered by the American Arbitration Association (the “AAA”) by a single arbitrator selected by the AAA, (with the fees and expenses of such arbitrator shared equally by the Unified Government and Entertainment), provided that the total sum of all Additional Improvements that Entertainment may be obligated to fund shall not exceed One Million and no/100 Dollars ($1,000,000.00).
Construction Addendum, Completion Schedule. After receipt of final unappealable award by the State of Kansas of the Lottery Gaming Facility Management Contract to Pinnacle and receipt of final plan approval from the Unified Government, Pinnacle and the Unified Government will agree upon a construction addendum to this agreement which will provide specific on-site and off-site infrastructure improvements to be constructed by Pinnacle and a schedule for the completion of such improvements (“Construction Addendum”).