AN ESSENTIAL ELEMENT OF THE CONTRACT. Contractor’s failure to substantially complete the Work within the Contract Time or to achieve Substantial Completion as required will cause damage to Owner. These damages shall may be liquidated by agreement of Contractor and Owner, in the amount per day as set forth in the Contract Documents.
Appears in 21 contracts
Sources: Construction Contract, Construction Contract, Construction Services Agreement
AN ESSENTIAL ELEMENT OF THE CONTRACT. Contractor’s failure to substantially complete the Work within the Contract Time or to achieve Substantial Completion as required will cause damage to Owner. These damages shall may be liquidated by agreement of Contractor and Owner, in the amount per day as set forth in the Contract Documents.
Appears in 6 contracts
Sources: Construction Services Agreement, Construction Services Agreement, Construction Manager at Risk Agreement
AN ESSENTIAL ELEMENT OF THE CONTRACT. Contractor’s failure to substantially complete the Work within the Contract Time or to achieve Substantial Completion as required will cause damage to Owner. These damages shall may be liquidated by agreement of Contractor and Owner, in the amount per day as set forth in the Contract Documents.
Appears in 3 contracts
Sources: Job Order, Standard Agreement, Job Order
AN ESSENTIAL ELEMENT OF THE CONTRACT. Contractor’s failure to substantially complete the Work within the Contract Time or to achieve Substantial Completion as required will cause damage to Owner. These damages shall may be liquidated by agreement of Contractor and Owner, in the amount per day as set forth in Section 12.13 below or elsewhere in the Contract Documents.
Appears in 2 contracts
Sources: Construction Manager at Risk Agreement, Professional Services Agreement