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ARTICLE · 20 FEBRUARY 2026

Legal Terms Explained: Float In Construction Contracts

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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In the context of construction projects, the term "float" usually refers to the amount of time that an activity can be delayed without impacting subsequent activities and/or the contractual completion date.

United KingdomReal Estate and Construction

In the context of construction projects, the term "float" usually refers to the amount of time that an activity can be delayed without impacting subsequent activities and/or the contractual completion date. In essence, it is a time contingency that is built into the programme to allow for unforeseen issues.

There are several types of float, including the following:

  • Total float: The length of time that an activity may be delayed without delaying the contractual completion date/impacting the critical path.
  • Free float (or activity float): The length of time that an activity can be delayed without impacting activities that immediately follow.
  • Terminal float: The length of time between the contractor's planned completion date and the contractual completion date.

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