From what I understand, there are all types of monetary clauses where the builder loses out big time if it's not done. Barring an act of god, it will be done to avoid monetary late penalties. I was told if it gets to the point of being critical, they will work around the clock.
Simple answer: yes. The monetary penalties for projects like this are large enough the contractor won't let a deadline be missed.
Simple answer: yes. The monetary penalties for projects like this are large enough the contractor won't let a deadline be missed.
Both. deadline arent always met and GCs arent ALWAYS held to LD's, even if they are in the contract.
Im sure for this they will be. They have a LONG way to go but like you, I assume it gets done. You can never predict weather, accidents, etc though.
^^^ this ^^^ ..... called liquidated damages and they can vary from $500 to $10,000 per day although the highest I have ever contracted for was $250,000 / day for every day past scheduled substantial completion ... unless MSU has a lot of pull with the local inspection jurisdiction it wont be occupied without a "certificate of occupancy" , which can be issued before being substantially complete and is often the case in these situations ... this project doesn't have a lot of the finish trades that usually compile a lengthy punch list so I would expect it to be open if not completely finished ... if the GC or owner was concerned you would see weekend work by now