Extensions of Time What is Extension of Time (EOT)? Extension of Time (EOT) is a delay which could not be reasonably foreseen at the time of contract signing. The granting of an Extension of Time relieves the contractor from liability of damages such as Liquidated Damages from the original date of contract completion for the period …
Permanent link to this article: http://www.e-basel.com/contractual/extensions-of-time/
The Construction Industry Imagine for a moment a world without “ Engineers “. A world without safe water to drink, sewers, waste and sewage treatment; electricity and gas supplies, telecommunications, roads, railways, airports, canals, schools, hospitals, offices, shops and factories, and you see a world without the construction professional. You see a world without civilization. …
Permanent link to this article: http://www.e-basel.com/contractual/the-construction-industry/