Contract Float definition

Contract Float means the number of days that an activity or a sequence of activities does not necessarily have to start or end on the scheduled dates to maintain the schedule, or as a minimum, the number of days that an activity may be delayed from its early start date without delaying completion of the Work beyond the Contract Time for Substantial Completion or Final Acceptance.
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Examples of Contract Float in a sentence

  • Total and Contract Float shall be available to JEA, consultants, or the Contractor to accommodate changes in the Work or to mitigate the effect of events which may delay performance or completion.

  • Total and Contract Float are an expiring resource available to all parties, acting in good faith, as needed to meet the contract milestones.

  • Since Contract Float belongs to the project, the contractor shall not be entitled to any extension in contract time or recovery for any delay incurred because of extensions of an early completion date until all Contract Float is used or consumed and performance or completion of the work extends beyond the contract time.

  • Total Float and Contract Float are not for the exclusive use or benefit of either JEA or the Contractor, but must be used in the best interest of completing the project within the Contract Time relative to the contract milestones.

  • Contract Float - Contract Float is the number of days between the Contractor’s anticipated date for early completion of the Work, or specified part, and the corresponding Contract Time.

  • Contract Float is the number of Business Days between the Contractor's anticipated date for early completion of all or part of the Work and the corresponding Contract Time.

Related to Contract Float

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Contract Item or “Contract Items” means the list of items identified in Section

  • principal contractor means an employer appointed by the client to perform construction work;

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Staging pile means an accumulation of solid, non- flowing remediation waste (as defined in this section) that is not a containment building and that is used only during remedial operations for temporary storage at a facility. Staging piles must be designated by the Director according to the requirements of § 264.554 of this regulation.