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24 . 1 . 15 . CMAR submits GMP # 4 to Owner <br /> 24 . 1 . 16 . Board approval of GMP #4 <br /> 24 . 1 . 17 . GMP #5 Design Package Completion <br /> 24 . 1 . 18 . CMAR submits GMP # 5 to Owner <br /> 24 . 1 . 19 . Presentation of Construction Documents <br /> 24 . 1 .20 . Board approval of GMP #5 <br /> 24 . 1 .21 . Substantial Completion — Move In <br /> 24 . 1 .22 . Punch List Completion <br /> 24 . 1 .23 . Project Final Completion <br /> 24 . 1 .24 . Completion of Closeout and Warranty <br /> 24 . 2 . The Project shall be brought to Substantial and Final Completion within the time prescribed by the <br /> Project schedule that is updated and established at the time the final GMP is accepted, which shall <br /> be in accord with the foregoing target schedule as extended by the Owner by change order in <br /> accordance with the Contract . <br /> 24 . 3 . If the CMAR is delayed at any time in the progress of its Work by any act or negligence of the <br /> Owner or the Project Designer, or Owner ' s Separate Contractor(s) , or by any employee of either; <br /> by changes ordered in the Work ; by any event covered under the builders risk "all risk" policy , by <br /> labor disputes at the Project site ; by abnormal weather conditions not reasonably anticipated for the <br /> locality where the Work is performed ; by unavoidable casualties ; by public health crises including <br /> pandemics/epidemics and governmental actions in response thereto ; any causes beyond the <br /> CMAR' s control ; or by any other causes which the Project Designer and Owner determine may <br /> justify the delay , then the contract time may be extended by change order for the time which the <br /> Project Designer and Owner may determine is reasonable and the Guaranteed Maximum Price j <br /> equitably adjusted accordingly by Change Order. Contract defaults or other breaches of any legal <br /> duty by a Subcontractor shall not be grounds for a time extension under this Contract. Time <br /> extensions will not be granted for rain , wind, snow or other natural phenomena of normal intensity <br /> for the locality where Work is performed . For purpose of determining the extent of delay <br /> attributable to unusual weather phenomena, a determination shall be made by comparing the <br /> weather for the contract period involved with the average of the preceding twenty (20) year <br /> climatic range during the same time interval based on the National Oceanic and Atmospheric <br /> Administration National Weather Service statistics for the locality where Work is performed and on <br /> daily weather logs kept on the job site by the CMAR reflecting the effect of the weather on <br /> progress of the Work and initialed by the Project Designer. Time extensions for weather delays <br /> shall not entitle the CMAR to an increase in the GMP . <br /> 24 . 4 . It is the CMAR' s responsibility to meet the required construction completion dates, as extended by <br /> the Owner in accordance with the Contract . As an inducement to the CMAR to meet the required <br /> substantial completion date for the Project, the Owner will include in the Total Construction <br /> Budget an Early Completion Bonus Fund amount of one percent ( 1 . 0%) of the actual Project GMP , <br /> which shall be payable to the CMAR as an Early Completion Bonus if the Project is completed <br /> prior to the substantial completion date, as extended in accordance with this Contract and furthez <br /> provided that the Project is completed under budget and so long as including payment of the Early <br /> Completion Bonus Fund does not result in an amount that exceeds the Total Construction Budget. <br /> k <br /> Page 24 of 52 <br /> Revised 12/24, 4/25 <br /> I <br /> 's <br />