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What is meant by 'time at large'?

What is meant by 'time at large'? How does it affect the employer's entitlement to levy liquidated damages for late completion?[1]

'Time at large' means there is no time fixed for completion or the time set for completion no longer applies.
Agreements for work to be carried out are often entered into without a completion period being stated. Letters of intent often contain instructions to commence work without a completion date being agreed. In these cases time is said to be 'at large'.