Common use of Equipment Replacement Requirements Clause in Contracts

Equipment Replacement Requirements. In the event Contractor’s helicopter or other essential equipment breaks down and causes delay or termination of Project work, Contractor must repair or replace within forty-eight (48) hours to allow continuance of the Project. After forty-eight (48) hour cure period, Agency may assess liquidated damages in the amount of $500 per day until deficiencies are corrected. (All aircraft repairs must be made in accordance with FAR Part 135 standards before the operation proceeds.) In the event that weather conditions force a long-term shutdown of the Project work, a shut-down that is mutually agreed upon by both Parties, the helicopter will return to its home base and one-half the agreed upon flight hours will be paid.