EOT, Variations, Loss, Expense Flashcards
(11 cards)
What does EOT stand for in JCT contracts?
Extension of Time.
What clause in JCT covers Extension of Time?
Clause 2.26.
Name three Relevant Events that could justify an EOT.
Adverse weather, variations, late instructions from the architect.
What must a contractor include in a notice of delay?
Cause of delay, who is responsible, and expected duration.
What clause covers Loss and Expense claims?
Clause 4.20 of JCT SBC/Q 2016.
Give an example of a cause for a Loss and Expense claim.
Delays caused by the client or failure to provide access to site.
What document must confirm a variation for it to be valued?
An Architect’s Instructions
What is the difference between Relevant Events and Relevant Matters?
Relevant Events allow for time extensions; Relevant Matters may lead to financial compensation.
What is a non-excusable delay?
A delay caused by the contractor which does not qualify for EOT or additional payment.
How is abortive work typically valued?
On a daywork basis.
Why is accurate record-keeping important for EOT and loss claims?
To justify entitlements and demonstrate cause-effect of delays or cost increases.
