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?
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
goalkeeper5 Jun 2019 16:41So... we renegotiated with our general contractor regarding the completion date, and this is what came out:
Construction must begin no later than October 15, 2019, provided that the development area is completed and it is possible to submit the notification procedure by August 1, 2019, so that the building authority can grant the building permit. The construction plans and all necessary documents must be completed by the contractor by July 22, 2019. The client must sign the documents and submit them to the building authority. It must be ensured that crane installation is possible. The contractor will apply for any necessary road closures when submitting the building application. The building will be ready for occupancy 10 months after construction begins, and fully completed after 12 months. These dates can only be met if the conditions for the start of construction, as described above, are fulfilled. The client must have selected and ordered all materials and submit this to us in writing by September 30, 2019.
If construction cannot commence as agreed on October 15, 2019 due to the development area not being completed, the start of construction will take place as soon as possible, but no later than three months after completion of the development area. Occupancy readiness will still be 10 months after construction begins and final completion after 12 months.
I think we can be satisfied with that. We will sign the contract tomorrow.
Construction must begin no later than October 15, 2019, provided that the development area is completed and it is possible to submit the notification procedure by August 1, 2019, so that the building authority can grant the building permit. The construction plans and all necessary documents must be completed by the contractor by July 22, 2019. The client must sign the documents and submit them to the building authority. It must be ensured that crane installation is possible. The contractor will apply for any necessary road closures when submitting the building application. The building will be ready for occupancy 10 months after construction begins, and fully completed after 12 months. These dates can only be met if the conditions for the start of construction, as described above, are fulfilled. The client must have selected and ordered all materials and submit this to us in writing by September 30, 2019.
If construction cannot commence as agreed on October 15, 2019 due to the development area not being completed, the start of construction will take place as soon as possible, but no later than three months after completion of the development area. Occupancy readiness will still be 10 months after construction begins and final completion after 12 months.
I think we can be satisfied with that. We will sign the contract tomorrow.
H
HilfeHilfe6 Jun 2019 06:59wow^^ what a long text^^ so many catches and complications
G
goalkeeper6 Jun 2019 07:56HilfeHilfe schrieb:
Wow^^ what a long story^^ so many details and complications But it does provide some certainty for planning... at least a little.
H
HilfeHilfe6 Jun 2019 08:02goalkeeper schrieb:
But it does provide some planning certainty... at least a little.No, it's okay, very detailed. But it’s also a chain of events—if the second or third step doesn’t happen, then it loses its value...
You need to be aware of that.
G
goalkeeper6 Jun 2019 08:07HilfeHilfe schrieb:
No, it’s fine, very detailed. But it’s a chain of events—if the 2nd or 3rd step doesn’t happen, then it’s worthless...
You have to be aware of that Here, the point was to be able to start immediately after the building area was officially opened—which meant some scheduling requirements for our general contractor as well. The building permit/planning permission process isn’t a big issue since it’s a notification procedure, so this “deadline” is actually not a problem.
Also, having to complete the material selection early works in our favor, as with another child expected in November, there won’t be any time for that afterward.
We are now curious whether our “well-planned” schedule can be maintained—this time, at least—otherwise, I have the mayor’s direct line.
Similar topics