Compensable Delay Formula. To the extent of the compensable delay, the Contractor's total entitlement for all compensable delay damages is the computed result of the following formula: Contract Sum divided by Contract Time (in calendar days); the result of which is then multiplied by 0.05; and the result of which is multiplied by the number of calendar days of compensable days allowed under these General Conditions that are beyond the Contract Time. Notwithstanding any other
Appears in 1 contract
Sources: Contractor's Agreement
Compensable Delay Formula. To the extent of the If there is a compensable delay, the Contractor's ’s total entitlement for all the compensable delay damages is the computed result of the following formula: Original Contract Sum Amount divided by the Original Contract Time (in calendar days); the result of which is then multiplied by 0.05; 0.05 and the result of which is multiplied by the number of calendar days of compensable days allowed under these General Conditions that are beyond the Contract Time. Notwithstanding any otherother provisions of these General Condition or the Contract Documents, Contractor shall not be entitled to the markup set forth in Section 18.0 in addition to compensable delay damages.
Appears in 1 contract
Sources: Fixed Price Construction Contract