Time Extension Request With Construction Contracts Letter
Description
How to fill out Sample Letter For Motion For Extension Of Time?
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FAQ
A contract extension agreement must contain: Names, addresses, and signatures of the contracting parties. Name, start date, and end date of the original contract. End date of the extension period. Changes to the contract including addition, removal, and deletion of the terms agreed upon in the original contract.
Extension of Time (EOT) is a delay which could not be reasonably foreseen at the time of contract signing. The granting of an Extension of Time relieves the contractor from liability of damages such as Liquidated Damages from the original date of contract completion for the period of the claim.
I am writing to you because I would like to inform you of the work delays and why we are having them. The [Schedule or phase of works] was to be completed by [Insert date], but [Insert reasons for delay] have become the reason in delay of the completion of the work.
Use these steps to help you make an effective deadline extension request: Determine deadline importance. ... Decide how to ask. ... Provide a specific reason. ... Show your dedication. ... Offer to share your progress. ... Set a reasonable new deadline. ... Show gratitude.
The parties further agree that this contract shall be automatically extended for an additional period up to 90 days from the end date of this Contract in the event that a new contract between the parties concerning the same subject matter is being negotiated but has not been executed prior to the expiration date.
