The builder agrees to allow progress to halt to wait for its arrival but claims an extension of time at no additional cost. Best Builders in Town have company policies that detail the procedures for contract administration personnel in the cases where delays to projects are encountered, and variation requests. The policy on delays specifies that a notice needs to be sent to the owner to claim extensions of time and is identical to the procedure in the building contracts that the company uses. The company policy requires that the owner sign off on any agreed extension of time to avoid disputes down the track, especially with regard to the calculation of liquidated damages. Check the completion date on the original contract and complete the form to provide to Mr Bonde for his acceptance