Common use of LIABILITY REPORT Clause in Contracts

LIABILITY REPORT. The Liability Report shall include (but shall not be limited to:- Amount (all figures in round pounds) Staff costs (and associated overheads) in progressing the Project:- consultancy and advisors fees (legal, financial, technical, insurance etc.); internal Project management and monitoring; internal professional advice. Loss of funding support from Welsh Government. Losses incurred due to:- loss of guaranteed Third Party Income identified in the Contractor's base case financial model; liability on the remaining Councils to pay an increased proportion of the Unitary Charge payments due to the Contractor under the Project Agreement; where a Council withdraws from or is terminated from this Agreement a payment in lieu of transferring an Allocated Site to a nominated Council (that is, the reasonably determined Market Value or an appropriate substitute site or sites from which the Contractor can deliver an equivalent level of service and which holds harmless the remaining Councils from additional payments to the Contractor; loss of non-guaranteed Third Party Income; loss of electricity revenues; and the cost of acquiring additional Amount (all figures in round pounds) LAS allowances as a consequence of the withdrawal or termination (as the case may be) by a Council. Any other losses, costs, claims and damages arising from the remaining Councils within the Project recommissioning alternative service provision if the Project is no longer viable and the Project Agreement is terminated. Costs incurred by the Lead Council as certified by the Project Section 151 Officer and as approved by the Project Board as appropriate. Recognition of any mitigating factors including a substitute waste source (whether an additional local authority beyond the Councils or otherwise). Certified as correct (Signed) (Date) Deeside Land at Deeside Industrial Park, Deeside, Flintshire CYM316351 Freehold