Examples of Guaranteed Completion Dates in a sentence
Nothing herein contained shall be construed to make the parties partners or joint ventures, or to render either party liable for any of the debts or obligations of the other party.
If the Parties fail to reach agreement on the terms of any change in the Work, including any adjustment in the Contract Sum or Guaranteed Completion Date(s), Design-Builder, at any time, may request in writing a final offer from Owner.
Design-Builder shall not be entitled to an adjustment in the Guaranteed Completion Date(s) for any events that occurred more than fourteen (14) days before Design-Builder’s written notice to Owner.
If the progress of the Work does not conform to the Project Schedule, Owner may instruct Design-Builder to revise the Project Schedule, showing the modifications necessary to achieve completion within the Guaranteed Completion Date(s).
Any requests by Contractor for an equitable adjustment in the Contract Sum and in the Guaranteed Completion Date(s) that arise out of the same event(s) shall be submitted together.
Within thirty (30) days of the occurrence of the event giving rise to the request for an extension to the Guaranteed Completion Date(s), unless Owner agrees in writing to allow an additional period of time to ascertain more accurate data, Design-Builder shall supplement the written notice provided in accordance with Section 10.4 with additional supporting data.
Owner’s review and approval of the Project Schedule shall not be construed as relieving Design-Builder of its complete and exclusive control and responsibility over the means, methods, sequences and techniques for executing the Work and does not constitute approval or acceptance of Design-Builder’s ability to complete the Work within the Guaranteed Completion Date(s).
If Design-Builder claims that the suspension has affected either the Contract Sum or Guaranteed Completion Date(s), Design-Builder shall be entitled to submit a request for adjustment in accordance with Articles 8, 9 and/or 10, as applicable.
If such conditions differ materially and cause a change in Design-Builder’s cost of, or time required for, performance of any part of the Work, Design-Builder may be entitled to an equitable adjustment in the Guaranteed Completion Date(s) or Contract Sum, or both, provided it makes a request therefor as provided in Section 8.6.
Design-Builder shall not be entitled to an equitable adjustment in the Contract Sum or Guaranteed Completion Date(s) for any increased cost or time of performance attributable to Design-Builder's failure or refusal to perform or from any reasonable remedial action taken by Owner based upon such failure.