Common use of Initial Submission Clause in Contracts

Initial Submission. Unless the Project Schedule has been prepared by the Contractor, approved by Princeton University, and made part of the Contract at the time of execution, the Contractor shall, within ten (10) days of the effective date of the Contract, or such longer period of time approved by Princeton University, prepare and submit to Princeton University for approval a proposed Project Schedule showing the order in which the Contractor proposes to perform the Work. If the Contractor fails to submit a proposed Project Schedule within the time prescribed, Princeton University may withhold payment until the Contractor submits the required proposed Project Schedule. Princeton University’s approval of the Contractor’s proposed Project Schedule shall be in writing and such approval shall not be construed as an assumption by Princeton University of any responsibility for the Project Schedule or for any error or inconsistency, which shall be corrected by the Contractor at no additional expenses to Princeton University.