Common use of Monthly Schedule Updates Clause in Contracts

Monthly Schedule Updates. Each month, XXXX shall submit to Owner for its review an update of the Accepted Construction Schedule. The monthly Schedule Update shall reflect agreed assessments of actual completion reached during weekly meetings. If Owner and XXXX cannot agree, then XXXX shall use Owner’s assessment of actual progress to prepare the Schedule Update. XXXX’x monthly Schedule Update shall include: (a) a diagram showing the target versus actual dates for each activity; (b) an updated critical path method report; and (c) a narrative report that includes, but is not limited to, a description of problems, current and anticipated delays and their causes, impacts of delays, and corrective actions that XXXX has taken or proposes to take to overcome problems and recover from delays. XXXX shall identify any events that will delay the completion of an interim milestone or the completion of the overall Project in the monthly Schedule Update. On Owner’s acceptance of the monthly Schedule Update, it shall become the current Accepted Construction Schedule. Any request for an extension of the Contract Time must be based on the Accepted Construction Schedule. The submission of an acceptable monthly Schedule Update will be part of the basis of the progress payment and shall be a condition precedent to Owner’s obligation to make such progress payment to XXXX.

Monthly Schedule Updates. Each month, XXXX shall submit to Owner for its review an update of the Accepted Construction Project Schedule. The monthly Schedule Update shall reflect agreed assessments of actual completion reached during weekly meetings. If Owner and XXXX cannot agree, then XXXX shall use Owner’s assessment of actual progress to prepare the Schedule Update. XXXX’x monthly Schedule Update shall include: (a) a diagram showing the target versus actual dates for each activity; (b) an updated critical path method report; and (c) a narrative report that includes, but is not limited to, a description of problems, current and anticipated delays and their causes, impacts of delays, and corrective actions that XXXX has taken or proposes to take to overcome problems and recover from delays. XXXX shall identify any events that will delay the completion of an interim milestone or the completion of the overall Project in the monthly C022896 Page 138 of 233 Schedule Update. On Owner’s acceptance of the monthly Schedule Update, it shall become the current Accepted Construction Project Schedule. Any request for an extension of the Contract Time must be based on the Accepted Construction Project Schedule. The submission of an acceptable monthly Schedule Update will be part of the basis of the progress payment and shall be a condition precedent to Owner’s obligation to make such progress payment to XXXX.

Monthly Schedule Updates. Each month, XXXX D-BE shall submit to Owner for its review an update of the Accepted Construction Project Schedule. The monthly Schedule Update shall reflect agreed assessments of actual completion reached during weekly meetings. If Owner and XXXX D-BE cannot agree, then XXXX D-BE shall use Owner’s assessment of actual progress to prepare the Schedule Update. XXXX’x D-BE’s monthly Schedule Update shall include: (a) a diagram showing the target versus actual dates for each activity; (b) an updated critical path method report; and (c) a narrative report that includes, but is not limited to, a description of problems, current and anticipated delays and their causes, impacts of delays, and corrective actions that XXXX D-BE has taken or proposes to take to overcome problems and recover from delays. XXXX D-BE shall identify any events that will delay the completion of an interim milestone or the completion of the overall Project in the monthly Schedule Update. On Owner’s acceptance of the monthly Schedule Update, it shall become the current Accepted Construction Project Schedule. Any request for an extension of the Contract Time must be based on the Accepted Construction Project Schedule. The submission of an acceptable monthly Schedule Update will be part of the basis of the progress payment and shall be a condition precedent to Owner’s obligation to make such progress payment to XXXXD-BE.

Monthly Schedule Updates. Each month, XXXX D-BE shall submit to Owner OWNER for its review an update of the Accepted Construction Project Schedule. The monthly Schedule Update shall reflect agreed assessments of actual completion reached during weekly meetings. If Owner OWNER and XXXX D-BE cannot agree, then XXXX D-BE shall use OwnerOWNER’s assessment of actual progress to prepare the Schedule Update. XXXX’x D-BE’s monthly Schedule Update shall include: (a) a diagram showing the target versus actual dates for each activity; (b) an updated critical path method report; and (c) a narrative report that includes, but is not limited to, a description of problems, current and anticipated delays and their causes, impacts of delays, and corrective actions that XXXX D- BE has taken or proposes to take to overcome problems and recover from delays. XXXX D-BE shall identify any events that will delay the completion of an interim milestone or the completion of the overall Project in the monthly Schedule Update. On OwnerOWNER’s acceptance of the monthly Schedule Update, it shall become the current Accepted Construction Project Schedule. Any request for an extension of the Contract Time must be based on the Accepted Construction Project Schedule. The submission of an acceptable monthly Schedule Update will be part of the basis of the progress payment and shall be a condition precedent to OwnerOWNER’s obligation to make such progress payment to XXXXD-BE.