Page Tags: Materials

Extensions of Time

Extensions of Time

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 …

Continue reading

Permanent link to this article: http://www.e-basel.com/contractual/extensions-of-time/