The Progress Schedule Clause Samples
The Progress Schedule clause requires the contractor to submit a detailed timeline outlining the sequence and timing of project activities. Typically, this schedule must be approved by the project owner and updated regularly to reflect actual progress and any changes in the work plan. By establishing clear expectations for project milestones and deadlines, this clause helps ensure that all parties are aligned on the project's timeline and provides a basis for monitoring performance and addressing delays.
The Progress Schedule. Contractor shall fully comply with the requirements for scheduling the Work as set forth in Section 01100 and Section 01320 of the Specifications. The Owner reserves the right to reschedule the Work, or the sequence of the activities of the Contractor, for no additional compensation should Owner deem such rescheduling to be in its best interest. At least fifteen (15) days prior to the due date of the first payment to be made hereunder by the Owner and thereafter on a monthly basis, the Contractor shall submit to the Owner a cash flow projection depicting the projected monthly cash flow for the entire Project.