Delay of the Works. In case the Supplier is not able to complete the Work, which means obtaining the Final Acceptance Certificate, described in the Contract within the Schedule, the Employer shall be entitled to payment of Liquidated Damages by the Supplier in the amount of 0.1% of the Price for each day of delay. Total amount of Liquidated Damages shall not exceed 5% of the Total Contract Price (Section 5: ▇▇▇▇ of Quantities of this Contract).
Appears in 2 contracts
Sources: Concession Agreement, Concession Agreement
Delay of the Works. In case the Supplier is not able to complete the Work, which means obtaining the Final Acceptance Certificate, described in the Contract within the Schedule, the Employer shall be entitled to payment of Liquidated Damages by the Supplier in the amount of 0.1% of the Price for each day of delay. Total amount of Liquidated Damages shall not exceed 5% of the Total Contract Price (Section 54: ▇▇▇▇ of Quantities of this Contract).
Appears in 1 contract
Sources: Concession Agreement
Delay of the Works. In case the Supplier is not able to complete the Work, which means obtaining the Final Acceptance Certificate, described in the Contract within the Schedule, the Employer shall be entitled to payment of Liquidated Damages by the Supplier in the amount of 0.1% of the Price for each day of delay. Total amount of Liquidated Damages shall not exceed 5% of the Total Contract Price (Section 5: ▇▇▇▇ Bill of Quantities of this Contract).
Appears in 1 contract
Sources: Concession Agreement