Liquidated Damages (LD. a) In case of extension in the delivery period with liquidated damages the recovery shall be made on the basis of following percentages of value of Stores with the bidder has failed to supply/ install/ complete:- delay up to one fourth period of the prescribed delivery period: 2.5% delay exceeding one fourth but not exceeding half of the prescribed period: 5.0% delay exceeding half but not exceeding three fourth of the prescribed period: 7.5% delay exceeding three fourth of the prescribed period: 10%
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Samples: risl.rajasthan.gov.in, risl.rajasthan.gov.in, www.agriculture.rajasthan.gov.in
Liquidated Damages (LD. a) In case of extension in the delivery period with liquidated damages the recovery shall be made on the basis of following percentages of value of Stores with the bidder has failed to supply/ install/ complete:- • delay up to one fourth period of the prescribed delivery period: 2.5% • delay exceeding one fourth but not exceeding half of the prescribed period: 5.0% • delay exceeding half but not exceeding three fourth of the prescribed period: 7.5% • delay exceeding three fourth of the prescribed period: 10%
Appears in 2 contracts
Samples: Msme Affidavit Format, Msme Affidavit Format
