Float definition

Float means the stored value remaining on an Octopus, excluding SVF Deposit;
Float means the number of Days by which an activity can be delayed without lengthening the Critical Path and extending the Substantial Completion date.
Float means deposits and with- drawals in transit which constitute a difference between the collected bank ledger balance and the cash balance per carrier’s books.

Examples of Float in a sentence

  • Float or slack is the amount of time between the early start date and the late start date, or the early finish date and the late finish date, of any activity in the schedule.

  • All Float shall be shown as such in the Project Schedule on each affected schedule path.

  • Float is not for the exclusive use or benefit of either Party but it is a jointly owned expiring Project resource available to both Parties as needed to meet the Project Schedule.

  • The scheduling of Float Day shall be subject to the efficient operation of the Employer.

  • All Float contained in the Project Schedule, as shown in the initial Project Baseline Schedule or as generated thereafter, shall be considered a Project resource available to either Party or both Parties as needed to absorb delays caused by any event, achieve schedule milestones, interim completion dates or Completion Deadlines.


More Definitions of Float

Float means the period of time a task can be delayed without delaying Substantial Completion Date.
Float means the funds held as Deposit by "MSL" and adjusted in the monthly settlement;
Float means a platform structure anchored in and floating upon a water body that does not connect to the shore, and that provides landing for water dependent recreation or moorage for vessels or watercraft, and that does not include above water storage.
Float means the amount of time that any given activity or logically connected sequence of activities shown on the Project Schedule may be delayed before it will affect a Completion Deadline. Such Float is generally identified as the difference between the early completion date and late completion date for activities as shown on the Project Schedule.
Float means the measure of leeway in starting and completing an activity. Float time (including total float) is not for the exclusive use or benefit of either Owner or Contractor, but is a jointly-owned, expiring Project resource available to both parties as needed to meet schedule milestones and Agreement completion date.
Float means the period in the Critical Path schedule that allows an excusable delay when the original schedule allows more than enough time to perform the Work.
Float means the amount of time that any given activity or logically connected sequence of activities shown on the Project Schedule may be delayed before it will affect the Service Commencement Deadline. Such Float is generally identified as the difference between the early completion date and late completion date for activities as shown on the Project Schedule.