Common use of Delay of the Works Clause in Contracts

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: Xxxx of Quantities of this Contract).

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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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: Xxxx Bill of Quantities of this Contract).

Appears in 1 contract

Samples: Concession Agreement

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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: Xxxx of Quantities of this Contract).

Appears in 1 contract

Samples: Concession Agreement

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