Payment for Extensions of Contract Time Clause Samples
Payment for Extensions of Contract Time. The Contractor expressly agrees that the Contractor’s sole monetary remedy for Compensable Delay shall be calculated at the daily rate established for the Time Dependent Overhead Costs in the Contract.
Payment for Extensions of Contract Time. The CM/GC expressly agrees that the CM/GC’s sole monetary remedy for Compensable Delay shall remain limited by the maximum amount for Time Dependent Overhead Costs (as amended) in the Contract. Recovery of Schedule Delays.