Common use of Completion Period Clause in Contracts

Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM by [insert date] (“Completion Date”). 5.2 Where the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay. 5.3 IOM shall not approve requests for time extension for reasons such as but not limited to: (a) Project location, conditions and restrictions identified during time of tender and award of the Agreement; (b) Normal weather and climatic conditions prevailing at the site location; (c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor; (d) Financial, operational and labor difficulties of the Contractor or any of its sub- Contractor/s or supplier/s; (e) Any required rectification of non-conforming work items; and (f) Nature and condition of terrain. 5.4 IOM may revise the Completion Date as stated in Article 5.1 in response to the Contractor’s request for time extension caused by any of the following: (a) Force Majeure as described in Article 16; (b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties; (c) IOM’s failure to make timely payments for the Works completed to IOM’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing. 5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day of delay until the whole Works are completed and accepted by IOM according to Article 4.7. IOM may, at its discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date before extension. If the Agreement is terminated by either Party after the Completion Date due to non-completion of the Works, the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day from the Completion Date to the notice date of termination.

Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM WARDI to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM WARDI by [insert date] (“Completion Date”). 5.2 Where the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay. 5.3 IOM WARDI shall not approve requests for time extension for reasons such as but not limited to: (a) Project location, conditions and restrictions identified during time of tender and award of the Agreement; (b) Normal weather and climatic conditions prevailing at the site location; (c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor; (d) Financial, operational and labor difficulties of the Contractor or any of its sub- Contractor/s or supplier/s; (e) Any required rectification of non-conforming work items; and (f) Nature and condition of terrain. 5.4 IOM WARDI may revise the Completion Date as stated in Article 5.1 in response to the Contractor’s request for time extension caused by any of the following: (a) Force Majeure as described in Article 16; (b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties; (c) IOM▇▇▇▇▇’s failure to make timely payments for the Works completed to IOM▇▇▇▇▇’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing. 5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor shall be liable to IOM WARDI for liquidated damages equivalent to 0.1% (one-one- tenth of one per cent) of the total Contract Price for each day of delay until the whole Works are completed and accepted by IOM ▇▇▇▇▇ according to Article 4.74.6. IOM WARDI may, at its discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date before extension. If the Agreement is terminated by either Party after the Completion Date due to non-completion of the Works, the Contractor shall be liable to IOM WARDI for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day from the Completion Date to the notice date of termination.

Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM by [insert date] (“Completion Date”). 5.2 Where the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay. 5.3 IOM shall not approve requests for time extension for reasons such as but not limited to: (a) Project location, conditions and restrictions identified during time of tender and award of the AgreementAgreement ; (b) Normal weather and climatic conditions prevailing at the site location; (c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor; (d) Financial, operational and labor difficulties of the Contractor or any of its sub- Contractor/s or supplier/s; (e) Any required rectification of non-conforming work items; and (f) Nature and condition of terrain. 5.4 IOM may revise the Completion Date as stated in Article 5.1 in response to the Contractor’s request for time extension caused by any of the following: (a) Force Majeure as described in Article 16; (b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties; (c) IOM’s failure to make timely payments for the Works completed to IOM’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing. 5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day of delay until the whole Works are completed and accepted by IOM according to Article 4.74.6. IOM may, at its discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date before extension. If the Agreement is terminated by either Party after the Completion Date due to non-completion of the Works, the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day from the Completion Date to the notice date of termination.

Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-turn- over of the Works to IOM by [insert date] (“Completion Date”). 5.2 Where the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay. 5.3 IOM shall not approve requests for time extension for reasons such as but not limited to: (a) Project location, conditions and restrictions identified during time of tender and award of the AgreementAgreement ; (b) Normal weather and climatic conditions prevailing at the site location; (c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor; (d) Financial, operational and labor difficulties of the Contractor or any of its sub- sub-Contractor/s or supplier/s; (e) Any required rectification of non-conforming work items; and (f) Nature and condition of terrain. 5.4 IOM may revise the Completion Date as stated in Article 5.1 in response to the Contractor’s request for time extension caused by any of the following: (a) Force Majeure as described in Article 16; (b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties; (c) IOM’s failure to make timely payments for the Works completed to IOM’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing. 5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day of delay until the whole Works are completed and accepted by IOM according to Article 4.74.6. IOM may, at its discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date before extension. If the Agreement is terminated by either Party after the Completion Date due to non-completion of the Works, the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per cent) of the total Contract Price for each day from the Completion Date to the notice date of termination.

Completion Period. 5.1 The Contractor shall mobilize all necessary and appropriate resources and coordinate all work activities with IOM to ensure commencement of the Works on [insert date] and completion and turn-over of the Works to IOM by [insert date] (“Completion Date”). 5.2 Where If the Contractor is unable to complete the Works by the [Completion Date] date specified in Article 5.1, the Contractor may request a time extension in writing explaining the reasons for the delay. Any adjustment to the costs of performance security, or extension of required insurances, for the performance of the Works due to such time extension shall be for the account of the Contractor. 5.3 IOM shall not approve requests for time extension for reasons such as but not limited to: (a) Project location, conditions and restrictions identified during time of tender and award of the Agreement; (b) Normal weather and climatic conditions prevailing at the site location; (c) Logistics, implementation, coordination problems and other reasons within the control of the Contractor; (d) Financial, operational and labor difficulties of the Contractor or any of its sub- Contractor/s contractor(s) or supplier/s; (e) Any required rectification of non-conforming work items; and (f) Nature and condition of terrain. 5.4 IOM may may, at its sole discretion, revise the Completion Date as stated in Article 5.1 in response to the Contractor’s reasonable request for time extension caused by any of the following: (a) Force Majeure as described in Article 16; (b) Approved Work Variation Order/s requiring additional time for completion by the Contractor, as agreed between the Parties; (c) IOM’s failure to make timely payments for the Works completed to IOM’s satisfaction; Provided, the requested extension shall not exceed the duration of the work stoppage or delay caused by the foregoing. 5.5 If the Works are not completed by the Completion Date specified in Article 5.1 the Contractor IOM shall be liable entitled to IOM for charge liquidated damages equivalent to 0.1% (one-tenth of one per centpercent) of the total Contract Price for each day of delay until the whole entire Works are completed and accepted by IOM according to Article 4.7. IOM may, at its sole discretion, grant a conditional time extension whereby the Works are not considered to be in delay during the time extended, but in case of non-completion within the extended period, the calculation of liquidated damages for delay outlined herein shall be from the original completion date Completion Date before extension. If the Agreement is terminated by either Party after the Completion Date (before extension) due to non-completion of the Works, the Contractor shall be liable to IOM for liquidated damages equivalent to 0.1% (one-tenth of one per centpercent) of the total Contract Price for each day from the Completion Date (before extension) to the notice date of termination.