What does Extension of time mean? A mechanism by which a contractor requests a longer period than had been contractually agreed in order to complete the building works. A contractor will usually make a request for an extension of time and give reasons for it.
Inexcusable delays are those where the contractor was entirely responsible for extending the project's duration. If this is the case, then the contractor will be liable for any costs or damages caused by the delay.
There are three categories of delays in the construction industry: excusable, inexcusable, and concurrent. Excusable ones are generally unforeseen circumstances that are outside of the contractor's control and mainly include force majeure situations, such as weather, war, pandemics, and government actions.
An extension of time is usually only given if the contractor proves that the delay to the completion date is not down to his action or inaction. Common reasons for an extension of time would include adverse weather, variations to the works from the employer or difficulties encountered on site.
Excusable delays are those that are beyond the control of the owner/contractor and leaves them without fault or negligence.
A homeowner has up to eight years after a project has been substantially completed to file a construction defect claim. See A.R.S. § 12-552. However, if the defect is discovered during the eighth year after completion, the claim may be made within the ninth year after the project has been substantially completed.
How to Draft an Extension of Time (EOT) Claim: A Step-by-Step template guide Executive Summary. Project Information. Contract Information. Approved Baseline Programme & Schedule Updates. Contractor's Progress. Delay Notices and Change Order Request. Time Bar Notice. Contract Clauses Aiding the Claim:
An extension of time is a provision in construction contracts allowing the project completion date to be adjusted due to legitimate delays. Without it, contractors might face penalties for delays beyond their control. EOT is not just about buying time. It's also about fairness.
An extension of time is usually only given if the contractor proves that the delay to the completion date is not down to his action or inaction. Common reasons for an extension of time would include adverse weather, variations to the works from the employer or difficulties encountered on site.
An extension of time is a contractual mechanism that permits the adjustment of an existing completion date of a construction contract where certain conditions are met. The failure to claim for an extension of time where delay has not been the fault of the contractor can have serious financial consequences.