Common use of Project Time Schedule Clause in Contracts

Project Time Schedule. After a "Notice to Proceed" and issuance of a Purchase Order(s), the Contractor shall commence the work within five (5) calendar days from the date of Work Order and continue all work in an expeditious manner to a conclusion acceptable to the Engineer. As time is an essential element of the contract, the Contractor is expected to supply sufficient work force material and equipment to perform the work listed under the "Scope of Work" in accordance with the schedule(s) approved by the Engineer and the requirements stipulated in the Contract Documents. All activities required to be performed to complete the Work, including site restoration and punch list items, shall be completed within the Contract time. Progress of the work shall be judged based on a proportion of the amount of work completed and accepted, to the number of calendar days that remain on the Contract. Contract work completed shall not fall behind by more than ten (10) percentage points, according to the total number of days past since the issue date of the Work Order(s). If the Contractor fails to complete all work under the contract within the time specified in the "Notice to Proceed" and/or Work Order(s), or fails to perform the work with sufficient personnel and equipment or with sufficient materials to assure the prompt completion of the work assigned, or discontinues the prosecution of the work, or fails to resume work which has been discontinued within a reasonable time after notice to do so, or becomes insolvent or is declared bankrupt, or files for reorganization under the bankruptcy or insolvency code, or for any other cause whatsoever, fails to carry on the work in an acceptable manner, or if the surety executing the bond, becomes unsatisfactory in the opinion of the City, the Engineer will give notice in writing to the Contractor and his surety of such delay, neglect, or default. Additionally, the City may opt to not issue further Work orders and/or to cancel the Contract.