Common use of Float Clause in Contracts

Float. All Float contained in the Project Schedule, as shown in the initial Project Baseline Schedule or as generated thereafter, shall be considered a Project resource available to either Party or both Parties as needed to absorb delays caused by any event, achieve schedule milestones, interim completion dates and/or Completion Deadlines.

Appears in 6 contracts

Sources: Design Build Agreement, Design Build Contract, Design Build Contract