Common use of Prompt Resolution Clause in Contracts

Prompt Resolution. Owners and Contractor agree to cooperate in good faith to reach agreed resolution of any adjustment(s) for asserted Adjustment Events as promptly as practicable, considering the complexity of the events involved. If there has been no resolution of such adjustments 60 days after submission of the information required by Section 10.4.3, Contractor may at any point thereafter initiate the expedited hearing procedure under the DRB Procedure with respect to the asserted adjustment. During the pendency of any asserted adjustment until final resolution, Contractor shall not suspend or slow performance of any Work on account of the dispute related to the asserted Adjustment Event unless directed to do so by Owners pursuant to Section 21.1.

Prompt Resolution. Owners and Contractor agree to cooperate in good faith to reach agreed resolution of any adjustment(s) for asserted Adjustment Events as promptly as practicable, considering the complexity of the events involved. If there has been no resolution of such adjustments 60 days after submission of the information required by Section 10.4.3, Contractor the Party claiming an adjustment may at any point thereafter initiate the expedited hearing procedure under the DRB Procedure with respect to the asserted adjustment. During the pendency of any asserted adjustment until final resolution, Contractor shall not suspend or slow performance of any Work on account of the dispute related to the asserted Adjustment Event unless directed to do so by Owners pursuant to Section 21.1.