This form is designed for use between Electrical Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Arkansas.
Electrical Contract Sample With Force Majeure
Category:
State:
Arkansas
Control #:
AR-00462-7
Format:
Word;
Rich Text
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How to fill out Arkansas Electrical Contract For Contractor?
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FAQ
Including these points should ensure your force majeure notice will constitute valid notice under your contract.Identify the force majeure event.Explain how the force majeure event impacts performance.Identify the relief the force majeure notice seeks.Include adequate assurances.Do not limit rights.More items...?
If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and fully particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied
An example of an operative clause is: " . 1 Neither party is responsible for any failure to perform its obligations under this contract, if it is prevented or delayed in performing those obligations by an event of force majeure.
Neither Party will be liable for any failure or delay in performing an obligation under this Agreement that is due to any of the following causes (which causes are hereinafter referred to as Force Majeure), to the extent beyond its reasonable control: acts of God, accident, riots, war, terrorist act, epidemic,
For example, parties in the United States have used the COVID-19 pandemic as a force majeure in an attempt to escape contractual liability by applying the elements of an (1) unforeseeable event, (2) outside of the parties' control, that (3) renders performance impossible or impractical.