Contract Float definition

Contract Float means the number of days that an activity or a sequence of activities does not necessarily have to start or end on the scheduled dates to maintain the schedule, or as a minimum, the number of days that an activity may be delayed from its early start date without delaying completion of the Work beyond the Contract Time for Substantial Completion or Final Acceptance.
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Contract Float means the number of days that an activity or a
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Examples of Contract Float in a sentence

  • Total Float and Contract Float are not for the exclusive use or benefit of either JEA or the Contractor, but must be used in the best interest of completing the project within the Contract Time relative to the contract milestones.

  • Late Dates shall be based on completing all or part of the Work exactly on the corresponding Contract Time, unless the Contractor anticipates early completion of all or part of the Work (subject to those provisions governing use of Contract Float by the City).

  • Since Contract Float belongs to the project, the contractor shall not be entitled to any extension in contract time or recovery for any delay incurred because of extensions of an early completion date until all Contract Float is used or consumed and performance or completion of the work extends beyond the contract time.

  • Total and Contract Float shall be available to JEA, consultants, or the Contractor to accommodate changes in the Work or to mitigate the effect of events which may delay performance or completion.

  • Total and Contract Float are an expiring resource available to all parties, acting in good faith, as needed to meet the contract milestones.

  • Contract Float is the number of Business Days between the Contractor's anticipated date for early completion of all or part of the Work and the corresponding Contract Time.

  • Contract Float - Contract Float is the number of days between the Contractor’s anticipated date for early completion of the Work, or specified part, and the corresponding Contract Time.

Related to Contract Float

  • Contract feeder means a person who as an independent contractor, feeds commercial feed to animals pursuant to a contract whereby such commercial feed is supplied, furnished or otherwise provided to such person and whereby such person’s remuneration is determined all or in part by feed consumption, mortality, profits or amount or quality of product.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Commissioning test means tests applied to a distributed generation facility by the applicant after construction is completed to verify that the facility does not create adverse system impacts and performs to the submitted specifications. At a minimum, the scope of the commissioning tests performed shall include the commissioning test specified in Institute of Electrical and Electronics Engineers, Inc. (IEEE) Standard 1547 Section 5.4 "Commissioning tests".