What is the “time of completion,” and why must it be clearly stated in the contract agreement provisions?

What will be an ideal response?


The time of completion is used to determine the amount of time the contractor has to complete the project. It should be in the original contract documents. Often there are incentives for early completion and costs for late completion.

Trades & Technology

You might also like to view...

Cannibalization is the act of introducing products that compete with the company's existing product line.

Answer the following statement true (T) or false (F)

Trades & Technology

In the Filtering stage of a power supply, a(n) ____ charges rapidly and discharges slowly, so the pulsating DC voltage is flattened to resemble a DC voltage.

a. filter b. rectifier c. electrolytic capacitor d. transformer

Trades & Technology

Drum brakes use replaceable friction material called ________

A) Shoes B) Pads C) Web D) Core

Trades & Technology

The network in Figure16.4 has two dependent sources whose values depend on an external voltage and a(n)______________

A. internal voltage B. external current C. internal current D. current source

Trades & Technology