ᐅ Completion Date in a General Contractor Agreement – Wording Guide

Created on: 28 May 2019 21:26
G
goalkeeper
Hello everyone,

Our general contractor agreement states that the property will be ready for occupancy 10 months after construction starts, with the completion date set at 12 months.

However, we want to phrase this clause so that the property must be ready for occupancy within 2020 under any circumstances, as otherwise we won’t qualify for the homebuyer subsidy. Another issue is that the site development work is still ongoing, but according to the project manager, it should be finished by September. This also needs to be included somehow in the clause.

Can anyone knowledgeable assist here?
G
goalkeeper
29 May 2019 07:01
Tego12 schrieb:

Yes, it was, although probably not in the way you expected (for that, you would need to consult a lawyer).

Alright then...
H
HilfeHilfe
29 May 2019 07:18
Do you really think the general contractor will sign a clause stating that if they don’t finish on time, they have to pay the child benefit grant?
Z
Zaba12
29 May 2019 07:21
HilfeHilfe schrieb:

Do you really think the general contractor will agree to a clause stating that if he doesn’t finish on time, he has to pay the housing subsidy?

He didn’t say he wants it that way, but what’s supposed to happen if it’s not completed by 31-12-20?
G
goalkeeper
29 May 2019 07:25
HilfeHilfe schrieb:

Do you really think the general contractor will sign a clause stating that if they don’t finish on time, they have to pay the child building allowance?

Of course not. Where do I say that? He just needs to complete the work before the end of 2020.
T
Tego12
29 May 2019 07:32
And what if he doesn't comply despite the contract? What is supposed to happen? The typical penalties usually don’t matter to him... Without consequences, there is no incentive, no matter how well it is written in the contract.
H
hampshire
29 May 2019 07:57
How is the move-in date documented? Registered address?