Extension of Time (EOT)
May 1, 2026
An extension to the contract completion date granted due to delays beyond the Contractor’s control.
EPC
Schedule
Related Glossary Entries
Public
May 1, 2026
Commencement Date
The date defined in the contract on which the time for completion of the works begins to run, often linked to the issuance of the Notice to Proceed (NTP).
Public
May 1, 2026
COD (Commercial Operation Date)
The date on which the project or facility begins commercial operations and starts generating revenue.