Common use of Float Clause in Contracts

Float. Float is defined as the amount of time between when an activity “can start” (the early start) and when an activity “must start” (the late start). It is understood by Owner and Construction Manager that float is a shared commodity, not for the exclusive use or financial benefit of either Party. Either Party has the full use of the float until it is depleted.

Float. Float is defined as the amount of time between when an activity “can start” (the early start) and when an activity “must start” (the late start). It is understood by Owner and Construction Manager Contractor that float is a shared commodity, not for the exclusive use or financial benefit of either Party. Either Party has the full use of the float until it is depleted.