Construction Contract Force Majeure Clause Example In Tarrant

• Category: Construction - Contractors
• State: Multi-State
• County: Tarrant
• Control #: US-00462
• Format: Word; Rich Text

Description

The Construction Contract Force Majeure Clause example in Tarrant provides essential guidelines for managing unforeseen events that may impact the construction project. This clause allows both Contractor and Owner to define scenarios where performance may be excused due to extraordinary circumstances, such as natural disasters or governmental actions. Key features of this clause include the description of force majeure events, the required notice to be given by the affected party, and the duration for which the clause applies. Filling instructions emphasize the need for clear communication regarding documentation and the necessity for both parties to retain records of any invoked force majeure occurrences. This form is particularly useful for attorneys, who can leverage it to negotiate favorable terms; partners and owners, who seek to understand their rights and responsibilities; and associates, paralegals, and legal assistants, who may be tasked with drafting or reviewing contracts. Specific use cases include construction contracts involving large projects that could be affected by weather conditions or regulatory changes. In summary, the force majeure clause serves as a protective measure, helping all parties manage risks associated with construction delays.