Compensation for Extension of Project Time Clause Samples

The "Compensation for Extension of Project Time" clause establishes the conditions under which a contractor or service provider is entitled to additional payment if the project timeline is extended. Typically, this clause outlines the process for requesting compensation, such as submitting documentation of extra costs incurred due to delays, and may specify which types of delays qualify, like those caused by the client or unforeseen circumstances. Its core function is to ensure that parties are fairly compensated for additional work or expenses resulting from project extensions, thereby allocating the financial risk of delays and promoting transparency in project management.
Compensation for Extension of Project Time. 4.1.1 If the A/E notifies the Owner and Contracting Authority not less than 30 days before the date for completion of the Project identified in the approved Project Schedule, that the time for completion is reasonably expected to be exceeded by more than ten percent through no fault of the A/E, the A/E’s compensation for Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the Contracting Authority, Owner, and A/E. 4.1.2 If, through such negotiation, the Contracting Authority and Owner agree that the A/E shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Section 4.3. 4.1.3 That amendment shall be executed before the A/E renders any Services made necessary by the extension of the time of completion, unless otherwise agreed in writing by the Contracting Authority and Owner.
Compensation for Extension of Project Time. 4.1.1 If the Consultant notifies the State not less than 30 days before the date for completion of the Project identified in the approved Project Schedule, that the time for completion is reasonably expected to be exceeded by more than 4.1.2 If, through such negotiation, the State agrees that the Consultant shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Section 4.3. 4.1.3 That amendment shall be executed before the Consultant renders any Services made necessary by the extension of the time of completion, unless otherwise agreed in writing by the State.
Compensation for Extension of Project Time. 4.1.1 If the CM notifies the Owner and the Contracting Authority not less than 30 days before the date for completion of the Project set in the approved Project Schedule, that the time for completion is reasonably expected to be exceeded by more than 10 percent through no fault of the CM, the CM’s compensation for Services to be rendered during such extended period, shall be negotiated to the mutual reasonable satisfaction of the Contracting Authority, Owner and CM. 4.1.2 If, through such negotiation, the Contracting Authority and Owner agree that the CM shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Section 4.3. 4.1.3 Such amendment shall be executed before the CM renders any Services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the Contracting Authority and Owner.
Compensation for Extension of Project Time. If the CM notifies the County not less than thirty (30) days prior to the time for completion of the PROJECT set by the Project Schedule approved pursuant to Attachment A Subparagraph 3.3. Cost Estimate and Project Schedule, that such time for completion is reasonably expected to be exceeded by more than thirty (30) days through no fault of the CM, the compensation, if any, for Basic Services to be rendered and Reimbursable Expenses to be incurred during such extended period shall be negotiated to the mutual reasonable satisfaction of the County and the CM. If, as a result of such negotiation, the County agree that the CM shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Contract Subparagraph 6.3, Amendments, before the CM renders any services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the County.
Compensation for Extension of Project Time. If the Associate notifies the University not less than thirty (30) days prior to the time for completion of the Project set by the Project Schedule approved pursuant to Subparagraph 2.4.4, that such time for completion is reasonably expected to be exceeded by more than ten percent (10%) through no fault of the Associate, the compensation, if any, for Basic Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the University and the Associate. If, as a result of such negotiation, the University agrees that the Associate shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Subparagraph 9.5.2 before the Associate renders any services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the University.
Compensation for Extension of Project Time. If the Architect notifies the School District Board not less than thirty (30) days prior to the time for completion of the Project set by the Project Schedule approved pursuant to Subparagraph 2.6.8, that such time for completion is reasonably expected to be exceeded by more than ten percent (10%) through no fault of the Architect, the compensation, if any, for Basic Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the School District Board and the Architect. If, as a result of such negotiation, the School District Board agrees that the Architect shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Subparagraph 9.5.2 before the Architect renders any services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the Commission and the School District Board.
Compensation for Extension of Project Time. If the Architect/Engineer notifies the City not less than thirty (30) days prior to the time for completion of the Project set by the Project Schedule established pursuant to Subparagraph 1.1.2, that such time for completion is reasonably expected to be exceeded by more than ten percent (10%) through no fault of the Architect/Engineer, the compensation, if any, for Basic Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the City and the Architect/Engineer. If, as a result of such negotiation, the City agrees that the Architect/Engineer shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Subparagraph 9.5.2 before the Architect/Engineer renders any services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the City.
Compensation for Extension of Project Time. If the Architect/Engineer notifies the City and the YMCA not less than 60 days prior to the time for completion of the Project set by the Project Schedule approved pursuant to Subparagraph 2.4.2, that such time for completion is reasonably expected to be exceeded by more than ten percent (10%) through no fault of the Architect/Engineer, the compensation, if any, for Basic Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the City and the YMCA and the Architect/Engineer. If, as a result of such negotiation, the City and the YMCA agrees that the Architect/Engineer shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Subparagraph 9.5.2 before the Architect/Engineer renders any services made necessary by such extension of the time of completion, unless otherwise agreed in writing by the City and the YMCA.
Compensation for Extension of Project Time. If the Associate notifies the University not less than thirty (30) days prior to the time for completion of the Project set by the Project Schedule approved pursuant to Subparagraphs 2.4.3, 2.5.2, and 2.6.9 that such time for completion is reasonably expected to be exceeded by more than ten percent (10%) through no fault of the Associate, the compensation, if any, for Basic Services to be rendered during such extended period shall be negotiated to the mutual reasonable satisfaction of the University and the Associate. If, as a result of such negotiation, the University agrees that the Associate shall be paid additional compensation, an amendment to that effect shall be executed in accordance with Subparagraph

Related to Compensation for Extension of Project Time

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