Common use of Defect Liability Period Clause in Contracts

Defect Liability Period. The subject work should have defects liability period of 12 months , considered from the date of completion of contract duration of 24 months. If any defects are found during defects liability period then contractor shall have to attend the defects immediately. If such defects are not attended by the Contractor then GMDC will carry out such work at risk and cost of the Contractor +20 % of this cost. The said cost shall be adjusted against the security depsoit lying with GMDC.

Appears in 5 contracts

Samples: www.gmdcltd.com, www.gmdcltd.com, www.gmdcltd.com

AutoNDA by SimpleDocs

Defect Liability Period. The subject work should have defects Defects liability period of 12 will be six months , considered from the date of completion of contract duration of 24 monthsparticular work . If any defects are found during defects liability period then contractor shall have to attend the defects immediately. If such defects are not attended by the Contractor then GMDC will carry out such work at risk and cost of the Contractor +20 % of this cost. The said cost shall be adjusted against the security depsoit deposit lying with GMDC.

Appears in 2 contracts

Samples: www.gmdcltd.com, www.gmdcltd.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.