Common use of No Damages for Delay Clause in Contracts

No Damages for Delay. Contractor agrees that it, its members if a partnership or joint venture and its Subcontractors shall make no claims against the Authority for damages, charges, additional costs or expenses for costs incurred by reason of delays or hindrances by the Authority in the performance of the Work. If Contractor's performance is delayed by causes beyond Contractor's or its Subcontractors' reasonable control, or beyond the Work and related causes contemplated in this Contract, the time for performance may be extended by the Authority to reflect the extent of the delay, provided that Contractor shall have given the Authority written notice within ten (10) days of the commencement of such delay and shall have received the Authority's approval of the extension, which approval shall not be unreasonably withheld. The notice by the Contractor shall include a description of the reasons for the delay and steps Contractor has taken or will take to mitigate the scheduled effects of the delay. By permitting the Contractor to proceed with its Work, or any part of it, after such an extension, the Authority in no way waives any rights under this Contract, at law, or in equity. Notwithstanding the above, if there is a continuous stoppage of the Work that lasts for more than one (1) year from the date the Authority stops the Work, Contractor may adjust the Guaranteed Maximum Price to capture an increase in labor rates Contractor is required to pay for Work performed under this Contract.

No Damages for Delay. Contractor agrees that it, its members if a partnership or joint venture and its Subcontractors shall make no claims against the Authority for damages, charges, additional costs or expenses for costs incurred by reason of delays or hindrances by the Authority in the performance of the Work. If Contractor's performance is delayed by causes beyond Contractor's or its Subcontractors' reasonable control, or beyond the Work and related causes contemplated in this Contract, the time for performance may be extended by the Authority to reflect the extent of the delay, provided that Contractor shall have given the Authority written notice within ten (10) days of the commencement of such delay and shall have received the Authority's approval of the extension, which approval shall not be unreasonably withheld. The notice by the Contractor shall include a description of the reasons for the delay and steps Contractor has taken or will take to mitigate the scheduled effects of the delay. By permitting the Contractor to proceed with its Work, or any part of it, after such an extension, the Authority in no way waives any rights under this Contract, at law, or in equity. Notwithstanding the above, if there is a continuous stoppage of the Work that lasts for more than one (1) year from the date the Authority stops the Work, Contractor may adjust the Guaranteed Maximum Lump Sum Price to capture an increase in labor rates Contractor is required to pay for Work performed under this Contract.