@Mike Testro just a quick one. The NEC is expressly clear as the ownership of terminal float in the accepted programme. This is not split between the Employer and the Contractor, it is owned in its enitrity by the Contractor i.e. any event which stops the Contractor completing the Works by the date shown in the Accepted Programme is a Compensation Event pursuant to 60.1 (19).
Terminal float - as I understand it - is the gap between programmed work completion and the contract completion date.
In the NEC form of contract ownership of this period is split between the Contractor and the Employer.
If nothing is stated in the contract then the Contractor is fully entitled to bridge the terminal float with a "Time Risk Contingency" task thus creating a critical path with a buffer for any of his own delays.
In a forensic EoT situation I would have no hesitation in putting such a buffer in the baseline programme.
Remember that the contractor has agreed to finish by the contract date - how he arranges that is up to him.
Member for
11 years 2 months@Mike Testro just a quick
@Mike Testro just a quick one. The NEC is expressly clear as the ownership of terminal float in the accepted programme. This is not split between the Employer and the Contractor, it is owned in its enitrity by the Contractor i.e. any event which stops the Contractor completing the Works by the date shown in the Accepted Programme is a Compensation Event pursuant to 60.1 (19).
Member for
19 years 10 monthsHi BoTerminal float - as I
Hi Bo
Terminal float - as I understand it - is the gap between programmed work completion and the contract completion date.
In the NEC form of contract ownership of this period is split between the Contractor and the Employer.
If nothing is stated in the contract then the Contractor is fully entitled to bridge the terminal float with a "Time Risk Contingency" task thus creating a critical path with a buffer for any of his own delays.
In a forensic EoT situation I would have no hesitation in putting such a buffer in the baseline programme.
Remember that the contractor has agreed to finish by the contract date - how he arranges that is up to him.
Best regards
Mike Testro
Member for
12 years 1 monthHi Bo,Leave out the dummy
Hi Bo,
Leave out the dummy activities.
Review any changes to the planned completion dates as they occur.
Cheers
Alan