Liquidated Damages (LD Sample Clauses

Liquidated Damages (LD. If work is not completed as per specification and as per time schedule, liquidated damages will be levied for the work delayed / non performance of the work will be imposed at the rate of quoted price of such item for a work proportionally plus 50 % .

Liquidated Damages (LD. For delay in providing Personnel/ Substitutes, LD will be levied as specified in clause 6 in Section VI on Terms of Reference in this Tender Document. i. The sum total of all the LD defined above shall be limited to overall 10% of the awarded annual contract value. If the cumulative LD is breached above the limit specified in this clause, the Owner may resort to annul the contract with additional appropriation of the full Security Deposit apart from recovering the balance contractual LD, if any. ii. If the Contractor is paying LD for delay in providing Personnel/Substitutes for the positions of Electrical Diploma Engineer, Electrical ITI Engineer, Mechanical Diploma Engineer or Mechanical ITI Engineer in more than 2 incidents, a written warning shall be issued to the Contractor by the Owner regarding the same. For this clause, incident shall mean an occurrence of delay in providing Personnel/Substitute for 2 contiguous days in a month. If the Contractor becomes liable to paying LD for the positions mentioned in this clause again in another incident, the Owner may resort to annul the contract with additional appropriation of the full Security Deposit apart from recovering the balance contractual LD, if any iii. In case of breach of any terms and conditions attached to this Contract, the Security Deposit of the Contractor will be liable to be appropriated by ▇▇▇▇ besides annulment of the Contract. iv. If the LD payable by the Contractor is more than the maximum liability specified in this clause then, the Owner shall be entitled to terminate this Contract.

Liquidated Damages (LD. 2.7.1 (a) (b) (c)

Liquidated Damages (LD. The timely execution of work is the essence of the contract. In the event of Supplier’s failure to execute the work of EESL of acceptable quality within the stipulated delivery period, the liquidated damages are payable by the Supplier @ 0.5% (one half of one percent) per week of delay or part thereof, of the unexecuted order value. However, the total liability of the Bidder under this clause shall not exceed 5% of the total contract Price as awarded. For the avoidance of doubt, EESL and Contractor unequivocally agreed that Liquidated Damages herein are the genuine pre-estimate of loss on account of Delay, that EESL will suffer in case of Contractor’s default or non-conformity. Further, EESL’s right to levy Liquidated Damages is without prejudice other right and remedies available to EESL, including right to terminate the Agreement, at risk and cost of the Supplier

Liquidated Damages (LD. The vendor shall ensure that photocopying machines are operational on all working days. However, due to mechanical or electrical fault only one day will be permissible for repair alternatively. In the event of these machines being out of order after permissible period, penalty of Rs.200/-(Rs. Two hundred only) per day per machine shall be levied and recovered in the next month’s ▇▇▇▇. CERTIFICATE OF DECLARATION FOR CONFIRMING THE KNOWLEDGE OF SITE CONDITIONS Tenderers Name and Address Place: (Signature of the Tenderer‟s with stamp) Date: ⮚ To maintain confidentiality of documents & information which shall be used during the execution of the Contract. ⮚ The documents & information shall not be revealed to or shared with third party which shall not be in the business interest of BHEL PSNR. (M/s. BHEL, PSNR) (M/s… ) REF: Dt. Sub.: Tender for “Rate Contract for Photocopy & Related Service” Dear Sirs, With reference to above, this is to confirm that as per tender conditions, we have visited sites as mentioned in NIT before submission of our offer and noted the job content & site conditions etc. We also confirm that we have not changed / modified the tender documents as appeared in the website and in case of observance at any stage; it shall be treated as null and void. We hereby confirm that we have not taken any deviation from tender clauses together with other references as enumerated in the above referred NIT and we hereby convey our unqualified acceptance to all terms and conditions as stipulated in the tender and NIT. In the event of observance of any deviation in any part of our offer at a later date whether implicit or explicit, the deviations shall stand null & void. We confirm to have submitted offer strictly in accordance with tender instructions. Thanking you, Yours faithfully, (Signature, date & seal of authorized representative of the bidder) SL NO. RATES AT 'A' BELOW IN FIGURES IN WORDS 1 PER COPY(A4 SIZE) A) A4 Size PER COPY A 1440000 B) B4 Size PER COPY A X 1.15 4800 C) A3 Size PER COPY A X 1.73 4800 A) A4 Size PER COPY A X 1.35 12000 B) B4 Size PER COPY A X 1.54 480 C) A3 Size PER COPY A X 1.93 480 3 PHOTOCOPY ON COLOUR PAPER PER COPY A X 1.35 12000 4 B/W PHOTOSTAT ON 100 MICRON OHP TRANSPARENCY (GARWARE) A) With Transparency Sheet PER COPY A X 5.77 240 B) Without Transparency Sheet PER COPY A X 1.45 240 5 PLASTIC SPIRAL BINDING A4 SIZE BOOKLET, INCLUDING SET MAKING TOP & BOTTOM COVER OF ONE SIDE GLAZED COVER SHEET AND BOTH SIDE TRANSPARENCY SH...

Liquidated Damages (LD a) In case of delay in the claim settlement period (over and above 15 days) with liquidated damages the recovery shall be made on the basis of following percentages of value of supply order which the bidder has failed to supply/ install/ complete:- 1) delay up to one fourth period of the prescribed claim settlement period: 2.5% of policy value 2) delay exceeding one fourth but not exceeding half of the prescribed period: 5.0% of policy value 3) delay exceeding half but not exceeding three fourth of the prescribed period: 7.5% of policy value 4) delay exceeding three fourth of the prescribed period: 10% of policy value. b) Fraction of a day in reckoning period of delay in supplies shall be eliminated if it is less than half a day. c) The maximum amount of liquidated damages shall be 10% of the policy value. d) If the supplier requires an extension of time in completion of contractual supply on account of occurrence of any hindrance, he shall apply in writing to the authority, which has placed the supply order, for the same immediately on occurrence of the hindrance but not after the stipulated date of completion of supply. e) Claim Settlement period may be extended with or without liquidated damages if the delay in the supply of goods is on account of hindrances beyond the control of the bidder. Bidders must make their own arrangements to obtain required licenses, if necessary.

Liquidated Damages (LD a) Successful bidder should deploy resources within 30 days from the date of Letter of Intent (LOI) / OLA / PO. Any subsequent replacement request for resources, shall be deployed within 15 days from the date of intimation by FACT. b) For any delay in providing the quality resource(s) which meet our requirement from the date of request beyond agreed period of 15 days, there will be LD of 25% of the cost of the man month charged to the bidder per week or part there of, subject to maximum of one man month cost. For any delay beyond 4 weeks from the date of request, FACT will have the option of terminating the contract after invoking Bank Guarantee.

Liquidated Damages (LD. 9.1 If the Supplier fails to comply with the dates or deadlines for the delivery of the Supply specified in the Contract, except for reasons attributable to the Purchaser, the latter is entitled to apply LD, without prior notification, at the moment the date or deadline has been reached. Unless stipulated otherwise in the Contract, the LD for delay shall be calculated at the rate of five per cent (5%) of the total price of the Contract exclusive of Goods and Services Tax which delivery or performance is delayed exclusive per week’s delay, limited to thirty per cent (30%) of the total price of the Contract exclusive of Goods and Services Tax. Each startedweek gives rise to the application of penalties for the week in question. It is expressly agreed that the payment of such penalties shall give rise to an invoice from the Purchaser. 9.2 Other LDsfor performancecan be provided in the Contract. 9.3 The LDsare cumulative and deemed to be incentive and consequently are not exclusive of any remedy the Purchaser is entitled to under the Contract. These LDs do not constitute any waiver by the Purchaser of the right to terminate the Contract and/or to ask a compensation for any loss suffered.

Liquidated Damages (LD. LD shall be applicable as per the rates and manner described in General Conditions of Contract (GCC) but levied on the value of work that remains to be completed as on the date of expiry of regular Contract Period & Grace Period including extensions thereof granted for reasons not attributable to the contractor. LD shall be levied for extensions that are attributable to the contractor.