In this PDF, you will learn about delays in the construction projects and extension of time claims (EOT). Download Project Delays And Extension Of Time PDF to understand how to create an EOT claim.
-Construction projects have Completion Dates & Liquidated Damages (LDs) are tied to Completion Date.
-Extension of Time (EOT) clauses maintains the enforceability of Liquidated Damages provisions where there has been failure/breach by the client.
-If the client causes a delay and there is no extension of time clause, time may become ‘at large’ & Liquidated Damages clause fails.