Examples of Guaranteed Substantial Completion Date in a sentence
The execution of a Project Change Order by EPC Contractor shall constitute conclusive evidence of EPC Contractor’s agreement to the ordered changes in the Work, the Contract Documents as thus amended, EPC Contractor’s compensation and the Guaranteed Substantial Completion Date.
EPC Contractor may request a Project Change Order for an extension of the Guaranteed Substantial Completion Date or any adjustment of the Contract Sum to the extent EPC Contractor can demonstrate that EPC Contractor’s completion of the Work was adversely impacted by a Client Risk Event.
Time is of the essence with respect to the EPC Contractor’s obligations hereunder, including without limitation the EPC Contractor’s obligation to achieve Substantial Completion prior to the Guaranteed Substantial Completion Date, as such date may be extended as detailed herein.