Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, the Supplier / Contractor shall pay liquidated damages, a sum representing 0.5% (Half per cent) per week or part thereof, subject to maximum of 5% on the value of delayed job will levied from the invoice amount.
Liquidated Damages or Penalty. 1. In case, quality/quantity of any one of the items served is found to be poor, cost of such items shall not be paid. In addition penalty of Rs. 2000/- shall be levied per reported & proved incident. The Admin Department will verify and examine the complaints for deciding applicability and levying of penalty. The decision of Admin department shall be final and binding.
2. Time is an essence of contract. If the food item is not delivered within 30 minutes of the stipulated delivery date and time then the penalty will be Rs. 250/-.Further more delay, a penalty of Rs. 500/- will be charged per hour. Above mentioned penalty will be “per item and per unit”.
Liquidated Damages or Penalty. All commodities furnished will be subject to inspection and acceptance after delivery. Failure to meet specifications authorizes the Office of State Procurement to cancel this contract or any portion of same and reasonably purchase commodities elsewhere and charge full increase, if any, in cost and handling to the defaulting contractor. Liquidated damages imposed by the state against the contractor for failure to meet the delivery schedule will be one percent (1%) of the invoice amount for each working day beyond the specified delivery time. The contractor shall be relieved of delays due to causes beyond his control such as acts of God, national emergency, strikes or fire. The Office of State Procurement will assess penalties for late delivery in all cases except those approved by the Office of State Procurement that relate to causes beyond the contractor's control. The contractor must notify, in writing, on a timely basis, the Office of State Procurement of such developments stating reason, justification and extent of delay. Other liquidated damages provided for in this contract must be verified and approved in writing by the Office of State Procurement prior to application by the ordering agency. When the time does not allow for reordering or acceptance of an inferior commodity may result in a liquidated damage of up to 20 percent (20%) of the invoice price or $500, whichever is smaller. OUTLINE AGREEMENT AWARD TERMS & CONDITIONS
Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, the Supplier / Contractor shall pay liquidated damages, a sum representing
Liquidated Damages or Penalty. (a) In case of not completing medical examination of 500 employees per week, a penalty @ 20% of the rate per employee agreed shall be levied on you for the number deficient employees’ examinations undertaken and the applicable amount will be recovered from you/running bills.
(b) In case Soft Copies of Annual Medical Examination Reports are delayed beyond 7 working days no payment will be made to Certifying Surgeon for that concerned day.
Liquidated Damages or Penalty. Time is an important factor of the contract therefore the job, as ordered, should be completed on the dates mutually agreed upon in accordance with the delivery schedule. In cases of delay not attributable to Purchaser beyond the agreed schedule, penalty / LD levied @Rs 200/- per day beyond the time limit subject to maximum of 03 weeks. Firm should collect the equipment within a week from the date of intimation for inspection/ Servicing of Rescue Kit and deliver the same to MDL(East Yard- Safety dept )after work completion.
Liquidated Damages or Penalty. Time is the essence of a Contract / PO. Any absenteeism of scanning operators together for more than 5 days in a month will attract LD / Penalty of Rs. 250/- per absent man-day beyond 5 days per month subject to maximum 10 days per month.
Liquidated Damages or Penalty. X.Xx. Nature of Default Description of default Penalties for Maintenance contract I st Instance 2nd Instance 3rd Instance
Liquidated Damages or Penalty i) Any breakdown of ac plant including supply & replacement of spares if required should be attended within 48 hrs or two working days, whichever is earlier. Delay beyond 48 hrs or two working days, whichever is earlier shall attract penalty at the rate Rs.600/-per day per AC Unit. Non attending of breakdown compliance/calls reported via e-mail/telephone will be treated as late delivery (LD) & penalty for the same will be applicable. Penalty charges: Rs.600 per day per AC Unit for maximum period of 10 days.
Liquidated Damages or Penalty. As Per GeM
