Common use of Start and Completion of Project Clause in Contracts

Start and Completion of Project. (a) CONTRACTOR shall commence the Work on or prior to the Commencement Date and shall perform the Work such that it achieves all Milestones on or before the applicable Milestone Deadlines set forth in Exhibit VIII (the “Installation Schedule”), unless the period for completion is extended in accordance with this Agreement. CONTRACTOR shall coordinate and incorporate the schedules of all Subcontractors into all applicable schedules, work plans and progress reports. (b) If CONTRACTOR fails to meet a Milestone Deadline set forth in Exhibit VIII or determines that it is reasonably likely to fail to meet a Milestone Deadline, CONTRACTOR shall promptly provide notice to OWNER stating (i) the reason for failure to timely complete the applicable Milestone; (ii) CONTRACTOR’s proposed method for correcting such failure; (iii) CONTRACTOR’s schedule for meeting the Milestone; (iv) the method or methods by which CONTRACTOR proposes to achieve subsequent Milestones by the relevant Milestone Deadlines.

Appears in 3 contracts

Samples: Procurement and Construction Contract (Nevada Geothermal Power Inc), Procurement and Construction Contract (Nevada Geothermal Power Inc), Procurement and Construction Contract (Nevada Geothermal Power Inc)

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Start and Completion of Project. (a) CONTRACTOR shall commence the Work on or prior to the Commencement Date and shall perform the Work such that it achieves all Milestones on or before the applicable Milestone Deadlines set forth in Exhibit VIII (the “Installation Schedule”), unless the period for completion is extended in accordance with this Agreement. CONTRACTOR shall coordinate and incorporate the schedules of all Subcontractors into all applicable schedules, work plans and progress reports. (b) If CONTRACTOR fails to meet a Milestone Deadline set forth in Exhibit VIII or determines that it is reasonably likely to fail to meet a Milestone Deadline, CONTRACTOR shall promptly provide notice to OWNER stating (i) the reason for failure to timely complete the applicable Milestone; (ii) CONTRACTOR’s proposed method for correcting such failure; (iii) CONTRACTOR’s schedule for meeting the Milestone; (iv) the method or methods by which CONTRACTOR proposes to achieve subsequent Milestones by the relevant Milestone Deadlines.. SD\624074.9

Appears in 1 contract

Samples: Engineering, Procurement and Construction Contract (Nevada Geothermal Power Inc)

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