Contract Clauses for Extension of Time (EOT) Submissions
Contract Clauses for Extension of Time (EOT) Submissions
Unlike a simple notice, an EOT submission is a full quantitative assessment. It requires detailed schedule analysis, documentation of delay events, and a clear evaluation of entitlement.
Key points:
- It measures the actual impact of the delay events on the schedule.
- Contracts often require submission within 28 days of the notice, followed by regular submissions.
- Updated submissions ensure assumptions are corrected and the client remains informed.
- Regular submissions also allow the client to intervene, including acceleration measures when necessary.