Common use of Lane Closure Liquidated Damages Clause in Contracts

Lane Closure Liquidated Damages. ‌ In its performance of the Work during the Construction Period, the Developer may temporarily close existing lanes on the Project Right of Way only in accordance with the Technical Requirements. Any such closure that exceeds the time period permitted therefor in the Technical Requirements is a “Non-Permitted Closure”. If a Non-Permitted Closure occurs, the Department will notify the Developer thereof and of the associated Lane Closure Damages, in writing, within 48 hours. The Developer will pay to the Department the liquidated damages set forth below (the “Lane Closure Liquidated Damages”) at the time and in the manner set forth in the Technical Requirements. 1-5, or any portion thereof $0 $0 $0 Every additional minute or portion thereof after the initial five minutes stated above. $8,000 plus $1,500 per each additional minute $2,500 plus $500 per each additional minute $500 plus $500 per each additional minute

Lane Closure Liquidated Damages. ‌ In its performance of the Work during the Construction Period, the Developer may temporarily close existing lanes on the Project Right of Way only in accordance with the Technical Requirements. Any such closure that exceeds the time period permitted therefor in the Technical Requirements is a “Non-Permitted Closure”. If a Non-Permitted Closure occurs, the Department will notify the Developer thereof and of the associated Lane Closure Damages, in writing, within 48 hours. The Developer will pay to the Department the liquidated damages set forth below (the “Lane Closure Liquidated Damages”) at the time and in the manner set forth in the Technical Requirements. 1-5, or any portion thereof $0 $0 $0 Every additional minute or portion thereof after the initial five minutes stated above. $8,000 for the sixth minute plus $1,500 per each additional minute $2,500 for the sixth minute plus $500 per each additional minute $500 for the sixth minute plus $500 per each additional minute

Lane Closure Liquidated Damages. ‌ In its performance of the Work during the Construction Period, the Developer may temporarily close existing lanes on the Project Right of Way only in accordance with the Technical Requirements. Any such closure that exceeds the time period permitted therefor in the Technical Requirements is a “Non-Permitted Closure”. If a Non-Permitted Closure occurs, the Department will notify the Developer thereof and of the associated Lane Closure Damages, in writing, within 48 hours. The Developer will pay to the Department the liquidated damages set forth below (the “Lane Closure Liquidated Damages”) at the time and in the manner set forth in the Technical Requirements. 1-5, or any portion thereof $0 $0 $0 Every additional minute or portion thereof after the initial five minutes stated above. $8,000 plus $1,500 per each additional minute $2,500 plus $500 per each additional minute $500 plus $500 per each additional minute