Common use of Schedule and Time Completion Clause in Contracts

Schedule and Time Completion. 18.1.1 The Owner shall provide a notice to proceed (“Notice to Proceed”) in which a date for commencement of the Work shall be stated. The Contractor shall achieve Substantial Completion (UGC Article 12) of the Work within ( ) calendar days after such commencement date. 18.1.2 The Work shall be deemed to commence on the date specified in the Notice to Proceed. 18.1.3 The Contractor shall achieve Substantial Completion of the Work on or before the dates stated on the Notice to Proceed, subject to time extensions granted by Change Order. It is anticipated that Final Completion will occur no later than two (2) months after the Substantial Completion date. 18.1.4 THE TIMES SET FORTH FOR COMPLETION OF THE WORK IN THE NOTICE TO PROCEED WITH CONSTRUCTION ARE AN ESSENTIAL ELEMENT OF THIS CONTRACT. The Owner may elect, at its option, to stage or “fast-track” portions of the work. The Owner shall issue a separate Notice to Proceed or Change Order for each such stage and each such stage shall have a separate Substantial Completion date and a separate liquidated damages amount, all as contained in the Change Order issued for that stage.

Appears in 3 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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Schedule and Time Completion. 18.1.1 The Owner shall provide a notice to proceed (“Notice to Proceed”) in which a date for commencement of the Work shall be stated. The Contractor shall achieve Substantial Completion (UGC Article 12) of the Work within ( ) calendar days after such commencement date. 18.1.2 The Work shall be deemed to commence on the date specified in the Notice to Proceed. 18.1.3 The Contractor shall achieve Substantial Completion of the Work on or before the dates stated on the Notice to Proceed, subject to time extensions granted by Change Order. It is anticipated that Final Completion will occur no later than two (2) months after the Substantial Completion date. 18.1.4 THE TIMES SET FORTH FOR COMPLETION OF THE WORK IN THE NOTICE TO PROCEED WITH CONSTRUCTION ARE AN ESSENTIAL ELEMENT OF THIS CONTRACTTHE AGREEMENT. The Owner may elect, at its option, to stage or “fast-track” portions of the work. The Owner shall issue a separate Notice to Proceed or Change Order for each such stage and each such stage shall have a separate Substantial Completion date and a separate liquidated damages amount, all as contained in the Change Order issued for that stage.

Appears in 2 contracts

Samples: Construction Contract, Construction Contract

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