Exception to General Rule – Compensation for Delay Sample Clauses
The 'Exception to General Rule – Compensation for Delay' clause defines circumstances under which a party may be entitled to compensation for delays, despite a general rule that typically excludes such compensation. This clause outlines specific situations—such as delays caused by the other party, force majeure events, or changes in project scope—where the affected party can claim additional costs or damages resulting from the delay. Its core practical function is to allocate risk fairly by providing a clear mechanism for addressing financial impacts when delays occur outside the control of the affected party, thereby ensuring both parties understand when compensation is appropriate.
Exception to General Rule – Compensation for Delay. The extension of the Contract Time and the adjustment to the Contract Sum specifically provided for in this Article shall be Contractor’s sole and exclusive remedy for delays, hindrances, interferences or resulting inefficiencies and re-sequencing.
3.3.8.1 Delay by Other than Contractor: Owner, Design Professional, or Separate Contractor.
