Matthew Howat, Co-Founder and Commercial Disputes Partner at Howat Avraam Solicitors, comments: Backdating documents is a surprisingly common request from clients. However, under UK law, a contract can create (or confirm) rights relating to past events so there's no need for them to be backdated.
A notice of completion is a document that an Arizona project owner or higher-tier contractor can file to mark the end of a construction project. The filing party needs to wait until the project is absolutely complete and then file the notice of completion with the county clerk governing the project's address.
An executory contract is an agreement that has been signed but not yet fulfilled. In simpler terms, both parties have committed to their roles but haven't completed the actions outlined in the agreement yet. For example, a legal SOW contract is an executory contract until the work is finished.
Contract Completion Date means the date on which all the Contractual obligations (including Operation & Maintenance Period) will be completed by the Contractor and the Contract expires.
Contracts without explicit end dates are subject to "reasonable duration" rules. Courts often examine factors such as business context and industry norms.
Breach of contract happens when one party to a valid contract fails to fulfill their side of the agreement. If a party doesn't do what the contract says they must do, the other party can sue. You lend a friend $15,000.
How long is a contractor liable for work in Arizona? In Arizona, contractors are liable for their work for up to eight years from the project's completion date. The statute of limitations for filing a claim against a contractor in Arizona is two years from the discovery of the defect.