Contract Float definition

Contract Float means the number of days that an activity or a sequence of activities does not necessarily have to start or end on the scheduled dates to maintain the schedule, or as a minimum, the number of days that an activity may be delayed from its early start date without delaying completion of the Work beyond the Contract Time for Substantial Completion or Final Acceptance.
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Examples of Contract Float in a sentence

  • Adjustment of the Contract Times will be granted only when the Contract Float has been fully utilized and only when the revised date of completion of the Work has been pushed beyond the Contract completion date.

  • Contract Float - Contract Float is the number of days between the Contractor’s anticipated date for early completion of the Work, or specified part, and the corresponding Contract Time.

  • Contract Time shall not be changed due to a delay in the Contractor’s early completion date until all Contract Float is used and performance of the specified work necessarily extends beyond the Contract Time.

  • Total Float and Contract Float are not for the exclusive use or benefit of either JEA or the Contractor, but must be used in the best interest of completing the project within the Contract Time relative to the contract milestones.

  • Total and Contract Float are an expiring resource available to all parties, acting in good faith, as needed to meet the contract milestones.

  • The time period between these two dates, if any, shall be considered Contract Float.

  • On or about January 1, the Certificate is amended to include any unencumbered fund balances at December31.

  • Contract Float is further defined as the amount of time any given activity, or path of activities, may be delayed before it will affect the Contract Time.

  • The Contract Float is the period during which the schedule entitles the contractor to an excusable delay even though the original Contract delivery or completion schedule allows more time than is actually necessary to perform the Work.

  • Late Dates shall be based on completing all or part of the Work exactly on the corresponding Contract Time, unless the Contractor anticipates early completion of all or part of the Work (subject to those provisions governing use of Contract Float by the City).

Related to Contract Float

  • Test Facility means any WRAS suitably accredited test laboratory;

  • CONTRACT END DATE Contract performance shall terminate as of December 31, 2027, with no new obligations being incurred after this date unless the Contract is properly amended, provided that the terms of this Contract and performance expectations and obligations shall survive its termination for the purpose of resolving any claim or dispute, for completing any negotiated terms and warranties, to allow any close out or transition performance, reporting, invoicing or final payments, or during any lapse between amendments. CERTIFICATIONS: Notwithstanding verbal or other representations by the parties, the “Effective Date” of this Contract or Amendment shall be the latest date that this Contract or Amendment has been executed by an authorized signatory of the Contractor, the Department, or a later Contract or Amendment Start Date specified above, subject to any required approvals. The Contractor certifies that they have accessed and reviewed all documents incorporated by reference as electronically published and the Contractor makes all certifications required under the Standard Contract Form Instructions and Contractor Certifications under the pains and penalties of perjury, and further agrees to provide any required documentation upon request to support compliance, and agrees that all terms governing performance of this Contract and doing business in Massachusetts are attached or incorporated by reference herein according to the following hierarchy of document precedence, the applicable Commonwealth Terms and Conditions, this Standard Contract Form, the Standard Contract Form Instructions and Contractor Certifications, the Request for Response (RFR) or other solicitation, the Contractor’s Response (excluding any language stricken by a Department as unacceptable, and additional negotiated terms, provided that additional negotiated terms will take precedence over the relevant terms in the RFR and the Contractor’s Response only if made using the process outlined in 801 CMR 21.07, incorporated herein, provided that any amended RFR or Response terms result in best value, lower costs, or a more cost effective Contract.

  • Contract Data means any information provided in the tender document and agreed to by the Bidder.

  • Contract Date means the date set for bid opening or, if this is a negotiated contract or a modification, the effective date of this contract or modification.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.