Failure to complete Project on time. If the Developer does not achieve any of the Project Milestones or the Client and/or the Independent Engineer shall have reasonably determined that the rate of progress of Construction Works is such that completion of the construction work is not likely to be achieved by the Scheduled Completion Date, it shall notify the Developer to this effect, and the Developer shall, within 15 (fifteen) days of such notice, by a communication inform the Client in reasonable detail about the steps it proposes to take to expedite progress and the period within which it shall achieve the Project Completion Date.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement