ABSTRACT
This chapter discusses the various causes or reasons which may lead to extension of time or loss and expense under the Joint Contracts Tribunal and IFC contracts and their related subcontracts. The contracts and subcontracts use the term ‘event’ or ‘relevant event’ to mean something which leads to extension of time and the term ‘matter’ or ‘relevant matter’ to mean what leads to reimbursement of loss and expense. Failure of the employer to ensure that the schedule is complete at tender and that information is supplied to time in accordance with dates on Information Release Schedules will mean probable extension and loss/expense provisions will be used. If the deferment is agreed with the employer on the signing of the contract, often the completion date will be moved at the same time and usually by the same amount.
