Common use of Owner Supplied Equipment Clause in Contracts

Owner Supplied Equipment. GEC shall ensure that Owner supplied equipment will be delivered to the Site and completely assembled per contract documents for acceptance by Contractor by the dates established in the Project Schedule herein and as set forth in Exhibit A-2. Failure in this shall relieve Contractor of completion delay penalties until a new Guaranteed Completion Date is mutually agreed. For any Owner Supplied Equipment delivered to the Site incomplete or otherwise not in accordance with its purchase agreement, GEC shall have the option to have the supplier complete the assembly before turning it over to the Contractor, or to assign such work to the Contractor via Change Order. The Change Order will estimate both cost and schedule impacts associated with this Work, whether done on a lump sum or time and material basis. Upon completion of the Work, and within the scope of the Change Order, the Contractor shall provide the GEC with a report confirming or amending the cost and schedule impact and recommending a recovery plan if warranted to maintain schedule.

Appears in 6 contracts

Samples: Procurement and Construction Agreement, Procurement and Construction Agreement, Engineering, Procurement and Construction Agreement (USA Synthetic Fuel Corp)

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