TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. (i) The work under this Contract shall commence within seven (7) calendar days of receipt of Notice to Proceed and will be substantially complete within thirty (80) calendar days after the date when the Contract Time commences to run as provided in paragraph 2.03 of the General Conditions and completed and ready for final payment within ninety (90) calendar days after the date when the Contract Time commences to run.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. 2.1 The Work to be performed under this Contract shall be commenced on the date stipulated in the Notice to Proceed; and, subject to authorized adjustments, Substantial Completion shall be achieved
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. 5.1 Work to be started on the date specified in the Official Notice to Proceed.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. (i) The work under this Contract shall commence that the Work will be substantially complete on or before October 15th, 2022 and completed and ready for final payment in accordance with paragraph 14.07 of the General Conditions on or before November 25th, 2022.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. The Work to be performed under this Contract shall commence not later than ten (10) consecutive calendar days after the date of written Notice to Proceed. Substantial Completion shall be achieved not later than calendar days after the date of written Notice to Proceed, except as hereafter extended by valid written Change Order by the Owner. Should the Contractor neglect, refuse, or otherwise fail to complete the Work within the time specified for Substantial Completion, the Contractor agrees, in partial consideration for the award of this Contract, to pay to the Owner, by lump sum or by monthly payments if required by the Owner, the amount of Dollars ($ ) per consecutive calendar day, not as a penalty, but as liquidated damages for such breach of this Contract.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. The Work to be performed under this Contract shall commence not later than ten (10) consecutive calendar days after the date of written Notice to Proceed. Substantial Completion shall be achieved not later than calendar days after the date of written Notice to Proceed, except as hereafter extended by valid written Change Order by the Owner. Should the Contractor neglect, refuse, or otherwise fail to complete the Work within the time specified for Substantial Completion, the Contractor agrees, in partial consideration for the award of this Contract, to pay to the Owner the amount of Dollars ($ ) per consecutive calendar day, not as a penalty, but as liquidated damages for such breach of this Contract.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. 6.1 At the time a Guaranteed Maximum Price (GMP) is established in the Project Agreement, a project substantial completion date, a project final completion date and an Owner Occupancy date for completion of the project in accordance with the master project schedule, shall also be established by the Construction Team. Contractor agrees to complete the construction in accordance with the agreed upon substantial completion date, final completion date and owner occupancy date. Contractor acknowledges that failure to complete the project within the construction time set forth in the approved schedule will result in substantial damages to the Owner. Failure to complete the work on time. It is mutually agreed by and between parties hereto that time shall be an essential part of this contract, and that in case of the failure on the part of the Construction Manager to achieve contractually scheduled completion of the milestones established in the Construction Managers project schedule within the time specified and agreed upon, the Owner will be damaged thereby; and the amount of said damages, inclusive of expenses for inspection(s), Architect’s additional fees, as well as additional personnel superintendence, and necessary traveling expenses, being difficult if not impossible of definite sum, are set forth below in the Schedule of Liquidated Damages as liquidated damages for every calendar day’s delay in finishing the work in excess of the number of calendar days prescribed; and the Construction Manager hereby agrees that said sum shall be deducted from monies due Construction Manager and hereby agrees to pay to the Owner as liquidated damages, and not by way of penalty, such total sum as shall be due for such duly computed aforesaid. Liquidated Damages: Prior to/After Substantial Completion Less than $2,500,000 $500/$125 per day Between $2,500,000 and $10,000,000 $1000/$250 per day Between $10,000,000 and $20,000,000 $2500/$625 per day Over $20,000,000 $5000/$1250 per day Liquidated damages daily rates after Substantial Completion are at 25% of the daily rate prior to Substantial Completion. Warranties called for by this Agreement or by the drawings and specifications shall begin on the date of owner occupancy of the project as set forth in the Project Agreement.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. 3.1 The Work to be performed under the contract shall commence not later than ten (10) consecutive calendar days after the date of written Notice to Proceed. Substantial Completion shall be achieved not later than ninety (90) calendar days after the date of written Notice to Proceed, except as hereafter extended by valid written Change Order by the Owner.
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. 2.1 The Work to be performed under this Contract shall be commenced immediately and, subject to authorized adjustments and availability of custom cabinets. Substantial Completion shall be achieved not later than .
TIME OF COMMENCEMENT AND SUBSTANTIAL COMPLETION. The Work to be performed under this Contract shall be performed commencing on the date set forth in the Contract Documents, with substantial completion concluding no later than December 31, 2021.
