GLOSSARY
Extension of time definition
What does Extension of time mean?
A mechanism by which a contractor requests a longer period than had been contractually agreed in order to complete the building works.
A contractor will usually make a request for an extension of time and give reasons for it. An extension of time is usually only given if the contractor proves that the delay to the completion date is not down to his action or inaction. Common reasons for an extension of time would include adverse weather, variations to the works from the employer or difficulties encountered on site. If an extension of time is not granted and the contractor does not meet a contractually agreed completion date he may be exposed to a claim for liquidated damages.
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