Managing Delays and Extensions of Time in Building Contracts
Building a new home or renovating an existing one is an exciting and often stressful experience. Unfortunately, unexpected delays can occur during the construction process, which can be frustrating for homeowners and builders alike. This is where extensions of time (EOT) come into play, providing a legal mechanism for adjusting the construction timeline. In this article, we’ll explore the common causes of delays in building contracts, the importance of EOT clauses, and how to manage delays and EOT effectively.