Common use of ABANDONMENT OF WORK Clause in Contracts

ABANDONMENT OF WORK. In case work is abandoned by the contractor and UCIL is put to the loss by issuing another contract for left out scope of work originally awarded, the Contractor shall pay to UCIL, the difference in the amount of the actual contract value awarded to the new Contractor for the left out work and the amount which would have been paid to him had he not abandoned the work.

Appears in 10 contracts

Samples: Tender Agreement, Tender Agreement, Tender Agreement

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ABANDONMENT OF WORK. In case work is abandoned by the contractor and UCIL is put to the loss by issuing another contract for left out scope of work originally awarded, the Contractor shall pay to UCIL, the difference in the amount of the actual contract value awarded to the new Contractor for the left out work and the amount which would have been paid to him had he not abandoned the work.. 32

Appears in 1 contract

Samples: Tender Agreement

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ABANDONMENT OF WORK. In case work is abandoned by the contractor and UCIL is put to the Accepted/ Not loss by issuing another contract for left out scope of work originally awarded, the Contractor shall pay to UCIL, the difference in the amount of the actual contract value awarded to the new Contractor for the left out work and the amount which would have been paid to him had he not abandoned the work.. Accepted 30

Appears in 1 contract

Samples: Tender Agreement

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