Compensation for delays. Time is of the essence in this Bidding Agreement. The Shell Scheme must be completed in its entirety by 12:00am (PST) on June 4, 2023. If this deadline is not met, the following penalties will be applied: ⏵delay of up to 6 hours: 10% deducted from total contract price ⏵delay beyond 6 hours when late delivery allows Italian Trade Agency (in its sole judgment) to provide the services customarily provided to Italian exhibitors at trade shows such as the Exhibit: 20% deducted from total contract price ⏵delay beyond 6 hours when late delivery does not allow Italian Trade Agency (in its sole judgment) to provide, in whole or in part, the services customarily provided to Italian exhibitors at trade shows such as the Exhibit: 50% deducted from contract price plus consequential damages ⏵quality of the services required not conformed to the technical description (Annex 1) 10% to 20% deducted from total contract price In the event that the Italian Trade Agency is unable to use the Shell Scheme by the official opening date of the Exhibit due to the Appointed Contractor’s failure to deliver a Shell Scheme that conforms to the awarded bid or conforming to the Italian Trade Agency’s specifications as otherwise mutually agreed upon, or due to failure to deliver the Shell Scheme in accordance with the terms of this Bidding Agreement, the Appointed Contractor will pay Italian Trade Agency any and all damages, including any consequential damages, incurred due to such failure to deliver, and will indemnify Italian Trade Agency as provided hereunder.
Compensation for delays. Delays caused by the Commission or the Commission Representative, as described in Section 10.03.1 above;
Compensation for delays. 1. Compensable Delays: Contractor shall be entitled to request an adjustment of the GMP pursuant to the provisions of Article 11 for all Excusable Delays Events for which it is entitled to a time extension pursuant to Paragraph 4.05.D above (“Compensable Delays”); provided, however, that Compensable Delays shall not be deemed to include: (a) Force Majeure Events; or (b) Excusable Delays Events where Contractor’s performance was or would have been concurrently delayed or interrupted by any event that does not otherwise qualify as an Excusable Delay Event (collectively “Non-Compensable Delays”).
