Common use of Requests for Time Extensions Clause in Contracts

Requests for Time Extensions. Re- quests for time extensions beyond the Grantee’s authority shall be submitted by the Grantee to the RD and shall in- clude the following: (1) The dates and provisions of all previous time extensions on the project; and (2) A detailed justification for the delay and a projected completion date. The RD shall review the request and make a determination. The Grantee shall be notified of the RD’s determina- tion in writing. If the RD approves the request, the letter shall reflect the ap- proved completion date and any other requirements the RD may determine necessary to ensure that the new com- pletion date is met. If the RD denies the time extension request, the grantee may, upon completion of the project, be reimbursed for eligible project costs incurred only up to the latest approved completion date. If the project is not completed, no Federal funding will be provided for that project.