IB
Public post
Ilamparithi BoologaSundaraVijayan
Sep 2026 • linkedin
Post excerpt
Extension of Time (EOT) is the contractual mechanism that keeps an EPC project's fixed completion date — and the Liquidated Damages regime attached to it — intact and enforceable, even where delay is caused by events outside the contractor's control. Handled well, it is a predictable, largely administrative process. Handled poorly, it becomes one of the largest sources of value leakage and dispute cost on capital projects. This manual distils the procedure for granting EOT into a single, repeatable framework appli…
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