Examples of Project Substantial Completion Date in a sentence
The CM agrees to complete the construction prior to the Project Substantial Completion Date.
The CM acknowledges that failure to complete the PROJECT prior to the Project Substantial Completion Date will result in substantial damages to the Owner.
The Owner hereby represents to the CM that it currently has, and will maintain up through and including the Project Substantial Completion Date, good title to all of the real property constituting the Project Site.
CM agrees to cooperate with Owner in any procurement methodology and process which is required by law, and also cooperate with Owner in any such methodology or process desired by Owner (and not otherwise legally required) provided that such cooperation does not result in any extension of the Project Substantial Completion Date established by the Project Schedule.
The Project Schedule shall include a scheduled Construction Commencement Date and Project Substantial Completion Date, which dates shall accommodate known or reasonably anticipated geographic, atmospheric and weather conditions.
At the time a Guaranteed Maximum Price (GMP) is established, the Project Substantial Completion Date for completion of the construction may be amended by Owner upon recommendation of Construction Team, if reasonably necessary, which Project Substantial Completion Date shall be subject to Force Majeure.
The CM shall be assessed liquidated damages in the amount, (**Liquidated Damages will be established with Phase 2 amendment), per calendar day for each day completion is extended beyond the Project Substantial Completion Date, plus any fines and penalties directly imposed against Owner by any regulatory and/or governmental authority against Owner.
Chairman Kane answered, yes.Mr. Trabue asked for further clarification regarding the Chair’s request to ensure that the DCSEU would not be required to submit additional information/reports to DOEE and/or the Board.
If, as a result of any inspection, examination, or testing in accordance with this Agreement, Purchaser identifies any defective Work not in compliance with the requirements of this Agreement, and regardless of whether payment has been made therefor, then Purchaser may reject such portion of the Work prior to the Project Substantial Completion Date by prompt Notice to Seller.
The proposed recovery schedule will, at a minimum, demonstrate the means by which Seller intends to recapture lost time, meet Critical Milestones and achieve Project Substantial Completion by the Guaranteed Project Substantial Completion Date.