Examples of Required Substantial Completion Date in a sentence
An equitable adjustment by Agreed Change shall be made for increases in the Contract Sum, Required Substantial Completion Date and Required Final Completion Date on account of any such suspension, delay or interruption.
Notwithstanding the preceding or any approvals by Princeton University of any Updated Project Schedules or anything in this Contract to the contrary, any change to the Required Substantial Completion Date or any of the Schedule Milestones shall only be pursuant to a Change Order signed by Princeton University.
Updated Project Schedule(s) shall be subject to Princeton University’s written approval, shall not change the previously established Required Substantial Completion Date or any of the Schedule Milestones, and shall not be binding upon Princeton University in any manner unless or until Princeton University has approved such Updated Project Schedule, subject to any qualifications in such approval and all other terms of this Contract.
Accordingly, notwithstanding anything in this Clause E5, even if conditions exist which would otherwise be an excusable delay hereunder to Contractor’s performance of the Work, Contractor may only be entitled to seek an extension of the Contract Time (for any Schedule Milestones or the Required Substantial Completion Date) only to the extent that such excusable delay is proven to the satisfaction of Princeton University in its discretion to demonstrably impact the critical path of the Project Schedule.
Contractor acknowledges that a delay in any one portion of the Project or in any Work sequence or any other aspect of the Work does not necessarily entitle Contractor to a delay in, or a delay of equal duration in, completion of the entire Project, or a delay that materially and adversely affects the Required Substantial Completion Date.
Such agreement shall be effective immediately and shall be an “Agreed Change,” which term, as used herein, shall mean any change in the Work as to which Contractor and Owner have agreed as any changes in the Contract Sum, the Required Substantial Completion Date and the Required Final Completion Date.
If no such agreement is reached, Contractor shall give notice to Architect and Owner of its objection to the change, if any, in the Contract Sum, Required Substantial Completion Date and/or Required Final Completion Date proposed in the Change Directive within five (5) business days after receipt of the Change Directive.
Required Substantial Completion Date must be set as a “Complete on or Before” constraint in accordance with the dates set forth in the Contract.
Notwithstanding anything in the Contract to the contrary, in no event shall the Contractor be entitled to an extension of the dates for any Schedule Milestones or the Required Substantial Completion Date or additional compensation for any delays with respect to non-critical-path activities.
Contractor shall be deemed to have achieved the Required Substantial Completion Date only if the criteria set forth in Clause E10 have been met on or before the Required Substantial Completion Date.(c) Throughout the duration of the Project, the Contractor must identify the existence of and/or reasonable opportunities for increasing the float in the Project Schedule.