Common use of Delay Event Clause in Contracts

Delay Event. (a) Upon a Delay Event the Planned Availability Date will be extended by the addition of a period equal to the duration of the Critical Delay insofar as the Contractor is not required to make up for this Critical Delay by applying paragraph (b). The Contractor must adapt the Project Planning accordingly. (b) If, in the case of a Delay Event, the Contractor can make up for the Critical Delay or part of it while incurring a Financial Loss, the Contractor must do so at the request of the Contracting Authority. (c) On the occurrence of a Delay Event the Contracting Authority must pay the Contractor compensation in accordance with Schedule 3 (Compensation for Supervening Events), paragraph 1 (Delayed Completion Event). The previous sentence shall not apply in the case of a Delay Event as referred to under (c) of the definition thereof.