This form is a sample letter in Word format covering the subject matter of the title of the form.
Time Extension In Construction In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-0018LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
This often requires the claiming party to give a particular notice, sometimes followed by a further notice and/or more detailed information, to the other party and/or contract administrator, which may have to be in a particular format and meet specific requirements as to content.
Extension of Time (EOT) is a provision in the contract that provide entitlement to extend the project duration when unforeseen delay events arise.
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.
Extensions of time under the JCT contracts This means that any contractual completion date disappears and the contractor only needs to complete the works “within a reasonable time”. Further, any liquidated damages mechanism would no longer apply and any compensation for late completion would be general damages only.
Step-by-Step Guide: How to Write an EOT Notice Review the Contract. Describe the Delay Event. Assess the Schedule Impact. Propose a New Completion Date. List Mitigation Efforts. Compile Supporting Evidence. Draft the Notice. Submit Promptly.
The Contractor must demonstrate that the delay/s have occurred and impact the construction schedule affecting project completion date. Specifically, the delays must be shown to have impacted the project's Critical Path, meaning they directly influence the overall timeline and project delivery.
