Common use of Initial Notice Clause in Contracts

Initial Notice. If Owner has a Claim, Owner shall promptly notice Contractor of such Claim in writing, setting forth the known details and support for the Claim. If Contractor has a Claim, Contractor shall furnish Owner with a detailed, supported, written notice, setting forth the known or estimated length of any Delay and any known or estimated monetary impacts, due to such Claim. Contractor shall deliver to Owner such notice no later than seven (7) Days following actual knowledge of the event giving rise to the Claim. For purposes of Owner Parties’ denial of any of Contractor’s requests to modify any terms of the Contract Documents (whether Contract Sum, Contract Time, or otherwise) in accordance with Contractor’s rights to make such requests under the Contract Documents, the event giving rise to the Claim (and thus the start of the seven (7) Day period) shall be Contractor’s receipt of Owner Parties’ written denial. If it is impracticable to specify the actual length of a delay or monetary amount of a Claim at the time notice is required, the claimant shall provide estimates and periodic supplemental notices to keep the nonclaimant party informed of any change and other relevant information while the events giving rise to the Claim continue.