Common use of Substantial Completion and Final Completion Clause in Contracts

Substantial Completion and Final Completion. 5.2.1 Substantial Completion of the entire Work shall be achieved no later than Three Hundred Sixty Five (365) calendar days after the Date of Commencement (“Scheduled Substantial Completion Date”). 5.2.2 Interim milestones and/or Substantial Completion of identified portions of the Work (“Scheduled Interim Milestone Dates”) shall be achieved as follows: 5.2.3 Final Completion of the Work or identified portions of the Work shall be achieved as expeditiously as reasonably practicable. Final Completion is the date when all Work is complete pursuant to the definition of Final Completion set forth in Section 1.2.7 of the General Conditions of Contract. 5.2.4 All of the dates set forth in this Article 5 (collectively the “Contract Time(s)”) shall be subject to adjustment in accordance with the General Conditions.

Appears in 1 contract

Sources: Standard Form of Agreement Between Owner and Design Builder Cost Plus Fee With an Option for a Guaranteed Maximum Price

Substantial Completion and Final Completion. 5.2.1 Substantial Completion of the entire Work shall be achieved no later than Three Hundred Sixty Five (365) calendar days after the Date of Commencement (“Scheduled Substantial Completion Date”).than 5.2.2 Interim milestones and/or Substantial Completion of identified portions of the Work (“Scheduled Interim Milestone Dates”) shall be achieved as followsfollows unless otherwise stated in the GMP Exhibit: 5.2.3 Final Completion of the Work or identified portions of the Work shall be achieved as expeditiously as reasonably practicablepracticable and within days of Substantial Completion. Final Completion is the date when all Work is complete pursuant to the definition of Final Completion set forth in Section 1.2.7 of the General Conditions of Contract. 5.2.4 All of the dates set forth in this Article 5 (collectively the “Contract Time(s)”) shall be subject to adjustment in accordance with the General Conditions.

Appears in 1 contract

Sources: Agreement Between Owner and Design Builder Cost Plus Fee With a Guaranteed Maximum Price

Substantial Completion and Final Completion. 5.2.1 Substantial Completion of the entire Work shall be achieved no later than Three Hundred Sixty Five (365) calendar days after the Date of Commencement Month, Day, Year (“Scheduled Substantial Completion Date”). 5.2.2 Interim milestones and/or Substantial Completion of identified portions of the Work (“Scheduled Interim Milestone Dates”) shall be achieved as follows: 5.2.3 Final Completion of the Work or identified portions of the Work shall be achieved as expeditiously as reasonably practicable. Final Completion is the date when all Work is complete pursuant to the definition of Final Completion set forth in Section 1.2.7 of the Interim General Conditions of Contractand Supplemental Conditions. 5.2.4 All of the dates set forth in this Article 5 (collectively the “Contract Time(s)”) shall be subject to adjustment in accordance with the Interim General Conditions and the Supplemental Conditions.

Appears in 1 contract

Sources: Design Build Contract