TIME FOR COMPLETION AND LIQUIDATED DAMAGES. A. The date of beginning and the time for completion of the work are essential conditions of the contract documents and the work embraced shall be commenced on a date specified in the notice to proceed.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. 50) Time is of the essence of each and every portion of this Contract. It is hereby understood and mutually agreed, by and between the Contractor and the Sponsor, that the date of beginning and the time for completion as specified in Section IV of this Contract of the work to be done hereunder are essential conditions of this Contract; and it is further mutually understood and agreed that the work embraced in this Contract shall be commenced on a date to be specified in the "Notice to Proceed." The Contractor agrees that the Work shall be prosecuted regularly, diligently, and uninterruptedly at such rate of progress as will insure full completion thereof within the time specified. It is expressly understood and agreed that the time for the completion of the Work set forth in this Contract is a reasonable time for the completion of the same, taking into consideration the average climatic range and usual industrial conditions prevailing in this locality. Upon becoming aware of any reason why there may be a delay in the completion of any portion of the Work under this Contract, the Contractor shall notify the Project Manager of the nature and cause of the delay. If the Contractor refuses, neglects or fails for any reason to complete the work within the time specified, or any proper extension thereof granted by the Sponsor in its sole discretion, then the Contractor shall pay the Sponsor the amount specified in this Contract, not as a penalty but as liquidated damages for such breach of contract. Such amount is fixed and agreed upon by and between the Contractor and the Sponsor because of the impracticability and extreme difficulty of fixing and ascertaining the actual damages the Sponsor would in such event sustain. PROJECT COMPLETION AND FINAL PAYMENT
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. A. The bidder must agree to commence work on or before the date specified in the written "NOTICE TO PROCEED" issued by the Owner, and/or Engineer acting on behalf of the Owner, and to fully complete the project within the time specified in Table A of the Agreement, after the date specified in the written "NOTICE TO PROCEED" as stipulated in Table A of the AGREEMENT. The bidder must further agree to pay as liquidated damages to the Owner, the sum as specified in Table A of the Agreement for each consecutive calendar day thereafter as hereafter provided in the AGREEMENT.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. 19.1 It is hereby understood and mutually agreed, by and between the Contractor and the Owner, that the date of beginning and the time for completion as specified in the contract of the work to be done hereunder are essential conditions of this contract: and it is further mutually understood and agreed that the work embraced in this contract shall be commenced on a date to be specified in the "Notice to Proceed."
TIME FOR COMPLETION AND LIQUIDATED DAMAGES a. It is hereby understood and mutually agreed, by and between the Contractor and the Owner that the date of beginning and the time for completion as specified in the contract of work to be done hereunder are ESSENTIAL CONDITIONS of this contract, and it is further mutually understood and agreed that the work embraced in this contract shall be commenced on a date to be specified in the work order.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. The Subcontractor agrees that work to be completed under this subcontract shall be prosecuted regularly, diligently and uninterruptedly at such rate of progress as will insure full completion thereof within the time specified. It is expressly understood and agreed, by and between the Prime Contractor and the Subcontractor, that the time for the completion of the work described herein is a reasonable time for the completion of the same, taking into consideration the average climatic range and usual industrial conditions prevailing in this locality.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. A. Upon notification the Contractor shall commence the work specified in the Project Manual as directed by the City. The work shall proceed in a continuous uninterrupted fashion with adequately staffed crews, in a satisfactory manner, which will assure that the work is completed in a timely manner to the satisfaction of the City.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. Prior to commencement of the Construction Phase, the SBBC shall direct and issue to the Total Program Manager, in writing, a Notice to Proceed into the Construction Phase. A project substantial completion date, a project final completion date and an SBBC Occupancy date for completion of the project in accordance with the master project schedule, shall be established by the SBBC. The Total Program Manager agrees to complete the construction in accordance with the agreed upon substantial completion date, final completion date and SBBC Occupancy date. The Total Program Manager shall pay the SBBC the sum of ($ ) per day, , for each and every calendar day of unexcused delay in achieving Substantial Completion beyond consecutive calendar days from ATP for Design Phase. If the Total Program Manager fails to achieve final completion within days of the date of Substantial Completion, Total Program Manager shall pay SBBC the sum of dollars ($ ) per day, per classroom for each and every calendar day of unexcused delay in achieving final completion. Any sums due and payable hereunder by the Total Program Manager shall be payable, not as a penalty, but as liquidated damages representing a reasonable estimate of delay damages, inconvenience, additional overhead and costs likely to be sustained by the SBBC, estimated at or before the time of executing this Contract. When the SBBC reasonably believes that final completion will be inexcusably delayed, the SBBC shall be entitled, but not required, to withhold from any amounts otherwise due the Total Program Manager an amount then believed by the SBBC to be adequate to recover liquidated damages applicable to such delays. If and when in the Owner’s discretion the Total Program Manager overcomes the delay in achieving Substantial Completion, or any part thereof, for which the Owner has withheld payment, the Owner shall promptly release to the Total Program Manager those funds withheld, but no longer applicable, as liquidated damages.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. 3.1 The “Notice to Proceed” shall be issued within sixty (60) days of the effective date of the Agreement by the OWNER. Should there be reasons why the Notice to Proceed cannot be issued within such period; the time may be extended by mutual agreement between the OWNER and the successful bidder. If the “Notice to Proceed” has not been issued within the sixty (60) day period, or within the period mutually agreed upon, the successful bidder may terminate the Agreement without further liability on the part of either party.
TIME FOR COMPLETION AND LIQUIDATED DAMAGES. The date of beginning and the time for completion of the project are essential conditions of the Contract Documents and the work embraced shall be commenced , or as directed by the City and the date for substantial completion is .
