Common use of Notification and Mitigation Clause in Contracts

Notification and Mitigation. AZ24.2.1 The Affected Party shall immediately, on becoming aware of a Force Majeure Event, notify the other Party in writing of: • the nature of the Force Majeure Event relied on; • the estimated effect of the Force Majeure Event on the Affected Party’s ability to perform its obligations under this Contract; and • the period for which it is estimated the Force Majeure Event will continue. If the contract conditions includes the NEC: • Engineering and Construction Contract (June 2005 with July 2007 Amendments) delete clauses 19.1 and 60.1.(19); and insert an additional compensation event under clause 60.1 to read “Subject to AZ24.2.1 where the works are affected by the occurrence of a Force Majeure Event”; or • Engineering and Construction Short Contract (June 2005) delete clause 60.1.(12); and insert an additional compensation event under clause 60.1 to read “Subject to AZ24.2.1 where the works are affected by the occurrence of a Force Majeure Event”;