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Specimen EPC contract

EPC générique

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Clause 4.2

Extend Performance Security before expiry

Where the Performance Security would expire before the Works are complete, the Contractor must extend it not later than 30 days before its expiry date.

Partie tenue d’agir
Entrepreneur
Autre partie
Maître d’ouvrage
Catégorie
Garantie
Type de déclencheur
Événement
Délai
30 jours calendaires, avant le déclencheur
Forclusion
Non
Événement déclencheur
Expiry date of the Performance Security (where it would expire before completion of the Works)
Touches : C confirmer, E modifier, R rejeter

Clause 4.2

Keeping the security valid

Where the Performance Security would expire before the Works are complete, the Contractor shall extend it not later than 30 days before its expiry date.