Common use of Sectional Completion Clause in Contracts

Sectional Completion. If Option X5 is used The completion date for each section of the works is section description completion date (1) (4) X6: Bonus for early Completion (4) The bonus for the remainder of the works If Option X7 is used without Delay damages for completion of the whole of the works are per day Option X5 If Option X7 is used with Delay damages for each section of the works are OptionX5 section description amount per day (4) The delay damages for the remainder of the works are If Option X8 is used The undertakings to Others are provided to The Subcontractor undertaking to Others are works provided to The Subcontractor undertaking to the Client are works If Option X10 is used If no information execution plan is identified in part two of the Contract Data The period after the Contract Date within which the Contractor is to submit a first Information Execution Plan for acceptance is The minimum amount of insurance cover for claims made against the Contractor arising out of its failure to use the skill and care normally used by professionals providing information similar to the Project Information is, in respect of each claim The period following Completion of the whole of the works or earlier termination for which the Contractor maintains insurance for claims made against it arising out of its failure to use the skill and care is If Option X12 is used The Promoter is The Schedule of Partners is in The Promoter’s objective is The Partnering Information is in If Option X13 is used The amount of the performance bond is If Option X14 is used The amount of the advanced payments is (either an amount or a percentage of the payment otherwise due) Advanced payment bond An advanced payment bond is/is not required (Delete as applicable) If Option X15 is used The period for retention following Completion of the whole of the works or earlier termination is arising out of its failure to use the skill and care normally used by professionals designing works similar to the works is, in respect of each claim The period following Completion of the whole of the works or earlier termination for which the Contractor maintains insurance for claims made against it arising out of its failure to use the skill and care is If Option X17 is used The amounts for low performance damages are amount performance level If Option X18 is used The Contractor’s liability to the Client for indirect or consequential loss is limited to For any one event, the Contractor’s liability to the Client for loss of or damage to the Client’s property is limited to The Contractor’s liability for Defects due to its design which are not listed on the Defects Certificate is limited to The Contractor’s total liability to the Client for all matters arising under or in connection with the contract, other than excluded matters, is limited to The end of liability date is 12 years after the Completion of the whole of the works If Option X20 is used The incentive schedule for Key Performance Indicators is in A report of performance against each Key Performance Indicator is provided at intervals of months If Option X22 is used The Budget is

Sectional Completion. If Option X5 is used The completion date for each section of the works is section description completion date (1)date (4) X6: Bonus for early Completion (4) The bonus for the remainder of the works If Option X7 is used without Delay damages for completion Completion of the whole of the works are per day If Option X7 is used without Option X5 If Option X7 is used with Option X5 Delay damages for each section of the works are OptionX5 section description amount per dayare (4) The delay damages for the remainder of the works are If Option X8 is used The undertakings to Others are provided to The Subcontractor undertaking to Others are works provided to The Subcontractor undertaking to the Client are works If Option X10 is used If no information execution plan is identified in part two of the Contract Data The period after the Contract Date within which the Contractor is to submit a first Information Execution Plan for acceptance is If no information execution plan is identified in part two of the Contract Data The minimum amount of insurance cover for claims made against the Contractor arising out of its failure to use the skill and care normally used by professionals providing information similar to the Project Information is, in respect of each claim The period following Completion of the whole of the works or earlier termination for which the Contractor maintains insurance for claims made against it arising out of its failure to use the skill and care is If Option X12 is used The Promoter is The Schedule of Partners is in The PromoterClient’s objective is The Partnering Information is in If Option X13 is used The amount of the performance bond is If Option X14 is used The amount of the advanced payments payment is The instalments are (either an amount or a percentage of the payment otherwise due) Advanced payment bond An advanced payment bond isIs/is Is not required (Delete as applicable) If Option X15 is used The period for retention following Completion of the whole of the works or earlier termination is If Option X15 is used The minimum amount of insurance cover for claims made against the Contractor arising out of its failure to use the skill and care normally used by professionals designing works similar to the works is, in respect of each claim The period following Completion of the whole of the works or earlier termination for which the Contractor maintains insurance for claims made against it arising out of its failure to use the skill and care is If Option X17 is used The amounts for low performance damages are amount performance level If Option X18 is used The Contractor’s liability to the Client for indirect or consequential loss is limited to If Option X18 is used For any one event, the Contractor’s liability to the Client for loss of or damage to the Client’s property is limited to The Contractor’s liability for Defects due to its design which are not listed on the Defects Certificate is limited to The Contractor’s total liability to the Client for all matters arising under or in connection with the contract, other than excluded matters, is limited to The end of liability date is 12 years after the Completion of the whole of the works If Option X20 is used The incentive schedule for Key Performance Indicators is in A report of performance against each Key Performance Indicator is provided at intervals of months Charges made and interest paid by the project bank The Contractor Is/Is not to pay any charges made and to be paid any interest paid by the The period for payment is 14 days after the date on which payment become due If Option X22 Y(UK)2 is used and the final date for payment is not fourteen days after the date on which payment becomes due If Option Y(UK)3 is used term beneficiary If Y(UK)3 is used with Y(UK)1 the following entry is added to the table for Y(UK)3 term beneficiary The Budget isprovisions of Options Y(UK)1 Named Suppliers