This form is a sample letter in Word format covering the subject matter of the title of the form.
Time Extension For Construction Project In Michigan
Category:
State:
Multi-State
Control #:
US-0018LTR
Format:
Word;
Rich Text
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Description
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FAQ
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.
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:
Excusable delays are those that are beyond the control of the owner/contractor and leaves them without fault or negligence.
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.
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.
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.
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.
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.
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.
EOTs are a crucial mechanism in construction contracts for managing the inevitability of delays and their impacts on the project. They provide a structured process for acknowledging and accommodating delays, ensuring fairness for the contractor while maintaining the project's integrity and timelines.
