Common use of Delay Event Clause in Contracts

Delay Event. (a) If a Delay Event occurs, the Scheduled 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 case of a Delay Event, the Contractor can make up for all or part of the Critical Delay by incurring a Financial Disadvantage, the Contractor must do so at the request of the Contracting Authority. (c) In the event of a Delay Event, the Contracting Authority must pay the Contractor compensation in accordance with Section 1 (Delay Event) of Schedule 3 (

Delay Event. (a) If a Delay Event occurs, the Scheduled 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 case the event of a Delay Event, the Contractor can make up for all or part of the Critical Delay by incurring a Financial Disadvantage, the Contractor must do so at the request of the Contracting Authority. (c) In the event of a Delay Event, the Contracting Authority must pay the Contractor compensation in accordance with Section 1 (Delay Event) of Schedule 3 (