2.26.11  Acceleration (clauses 26.15 - 26.19)

Project Co may choose to compress the Development Activities or otherwise accelerate progress at its own cost and risk.

If:

•  any part or the whole of the Development Activities are delayed by an Extension Event; and

•  Project Co would have been entitled to an extension of time to a Date for Acceptance for that Extension Event,

the State may direct Project Co to submit a Change Notice setting out the estimated time and cost consequences of accelerating any part or the whole of the Development Activities to overcome or minimise the extent and effect of some or all of the delay.

If:

•  the State gives Project Co a Change Response to accelerate in response to a Change Notice; and

•  Project Co would, but for the instruction, have been entitled to an extension of time to the relevant Date for Acceptance for the Extension Event,

Project Co will be entitled to a payment of the extra actual costs properly and reasonably incurred by Project Co and directly attributable to accelerating the relevant part or the whole of the Development Activities (but no margin on those costs) calculated in accordance with the Change Compensation Principles (refer to section 3.3).