Common use of Liquidated Damages for Delay in Substantial Completion Clause in Contracts

Liquidated Damages for Delay in Substantial Completion. The CM/GC shall be subject to an assessment as set forth in Exhibit F as liquidated damages for each and every calendar day of unexcused delay in achieving Substantial Completion beyond the scheduled Completion Date.

Appears in 5 contracts

Sources: Construction Manager / General Contractor Agreement, Construction Manager / General Contractor Agreement, Construction Manager / General Contractor Agreement