Common use of Commencement Date and Completion Date Clause in Contracts

Commencement Date and Completion Date. Time is of the essence for performance of the Services required by this Agreement. Architect’s Basic Services will commence upon Owner’s issuance of an initial Notice to Proceed (“Commencement Date”). Key milestone dates are cited in Exhibit A, Section I.A. The completion date for the issuance of Construction Documents for bidding purposes shall not be exceeded without the prior written approval of Owner. The Owner agrees to review all required Architectural design submissions in a timely fashion as subsequently agreed to between Owner and Architect based on the completion of a milestone schedule for Architect’s Basic Services. The time for performance of services by the Architect will be extended on a day-for-day basis for all days in excess of the agreed to review period(s). The completion date will be adjusted as a result of the additional days taken by the Owner to review such submissions.