Compensable definition
Examples of Compensable in a sentence
The Contractor expressly agrees that the Contractor’s sole monetary remedy for Compensable Delay shall be calculated at the daily rate established for the Time Dependent Overhead Costs in the Contract.
Compensable Delay and to Extend the Material Completion and Occupancy Date.
Compensable Delay, Extending the Material Completion and Occupancy Date.
Contractor shall be entitled to direct and indirect costs for Compensable Excusable Delay.
The ISO will not compensate an RMR Generator for unscheduled overproduction that exceeds Compensable Overgeneration, as defined in the Services Tariff.
Any adjustment of the Contract Time on account of an Excusable Delay or a Compensable Delay shall be limited as set forth herein.
The Design-Builder expressly agrees that the Design-Builder’s sole monetary remedy for Compensable Delay shall be calculated at the daily rate established for the Time Dependent Overhead Costs in the Contract.
Therefore, indirect costs recoverable by Contractor shall be liquidated on a daily basis for each day the Contract Time is delayed due to a Compensable Excusable Delay.
The CM/GC expressly agrees that the CM/GC’s sole monetary remedy for Compensable Delay shall remain limited by the maximum amount for Time Dependent Overhead Costs (as amended) in the Contract.
If a schedule showing the Work completed in less than the Contract Time is approved in writing, Contractor shall not be entitled to extensions of the Contract Time for Excusable Delays or Compensable Delays or to adjustments of the Contract Sum for Compensable Delays until such delays extend the completion of the Work beyond the expiration of the Contract Time.