Time at Large Construction Contracts

When it comes to large construction projects, time is of the essence. But what exactly does “time at large” mean in the context of construction contracts?

In simple terms, time at large refers to a situation where there is no specific deadline for completing a project. This is often the case in large construction contracts, where delays and unforeseen circumstances can push back the completion date.

But why is time at large significant in the world of construction? For one, it can impact the contractor`s right to payment. Typically, construction contracts include provisions for payment based on milestones or completion of specific stages. When time is at large, however, the contractor may not be entitled to payment until the project is completed in full. This can create financial strain and uncertainty for the contractor, often leading to disputes between parties.

Another important factor to consider is the impact of time at large on the project`s overall costs. Delayed projects can result in additional expenses, including extended site rental fees, labor costs, and equipment rental fees. This can result in increased costs for both the contractor and the client, leading to further disputes and complications.

So, how can contractors and clients handle time at large situations? One approach is to include specific deadline provisions in the contract, with clear consequences for missed deadlines. This can help incentivize timely completion and hopefully prevent disputes down the road.

It`s also important to communicate regularly and openly throughout the project, particularly when delays or complications arise. By keeping all parties informed and involved, it`s often possible to work through challenges and find solutions that keep the project on track.

In summary, time at large is a complex issue that can create significant challenges for parties involved in construction contracts. By understanding the impact of time at large and taking proactive steps to manage it, however, it is possible to mitigate risks and ensure successful project completion.