A look at float-sharing, float-allocating clauses

2021-10-28

Contractors and owners should negotiate contracts with an understanding of "float," which is the amount of time allowed for a noncritical activity before delays on a project begin to occur, an attorney writes. "Absent a float-sharing or float-allocating clause in a construction contract, the modern trend is that the 'project owns the float,' " the attorney writes.

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