Common use of Payment for Extensions of Contract Time Clause in Contracts

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.

Appears in 45 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

Payment for Extensions of Contract Time. The Contractor Design-Builder expressly agrees that the ContractorDesign-Builder’s sole monetary remedy for Compensable Delay shall be calculated at the daily rate established for the Time Dependent Overhead Costs in the Contract.

Appears in 14 contracts

Sources: Design Build Contract, Design Build Contract, Design Build Contract

Payment for Extensions of Contract Time. The Contractor Design-Builder expressly agrees that the ContractorDesign- Builder’s sole monetary remedy for Compensable Delay shall be calculated at the daily rate established for the Time Dependent Overhead Costs in the Contract.

Appears in 1 contract

Sources: Design Build Contract