Common use of Calculation of Penalty Clause in Contracts

Calculation of Penalty. a. The Penalty shall be calculated in the manner as specified in Schedule X; b. The Authority may impose all applicable Penalty until compliance, if according to the nature of the infraction its restoration or compliance is possible; c. For the purpose of imposing Penalty referred to above, quantification of applicable Penalty shall be as per category of infraction viz ‘A’, ‘B’, ‘C’; d. The maximum amount of Penalty on account of infractions shall not exceed 30X per Bus per day. If the Penalty on account of infractions exceeds 30X, then the Bus may be taken out of Bus Service on written directions of the Authority. Further, the maximum average number of infractions per Bus per month shall not be more than 600X and 3500X per Bus bi-annually. In case of multiple infractions under one head, each infraction shall be considered separately; e. If the maximum amount of Penalty on account of infractions per Bus exceeds 1200X on an average for the immediately preceding 2 (two) months then the Contract may be liable to be terminated in accordance with provisions of Article 22.

Calculation of Penalty. a. The Penalty shall be calculated in the manner as specified in Schedule X; b. The Authority may impose all applicable Penalty until compliance, if according to the nature of the infraction its restoration or compliance is possible; c. For the purpose of imposing Penalty referred to above, quantification of applicable Penalty shall be as per category of infraction viz ‘A’, ‘B’, ‘C’;. d. The maximum amount of Penalty on account of infractions shall not exceed 30X per Bus per day. If the Penalty on account of infractions exceeds 30X, then the Bus may be taken out of Bus Service on written directions of the Authority. Further, the maximum average number of infractions per Bus per month shall not be more than 600X and 3500X per Bus bi-annually. In case of multiple infractions under one head, each infraction shall be considered separately; e. If the maximum amount of Penalty on account of infractions per Bus exceeds 1200X on an average for the immediately preceding 2 (two) months then the Contract may be liable to be terminated in accordance with provisions of Article 22.