Common use of Maintenance obligations of the Contractor Clause in Contracts

Maintenance obligations of the Contractor. (i) The Contractor shall maintain the Project for a period of [05 (years)] years, corresponding to the Defects Liability Period, commencing from the date of the Completion Certificate (the “Maintenance Period”). For the performance of its Maintenance obligations, the Contractor shall be paid: (a) For Automated Multilevel Parking works: the contractor shall be paid @ 2% of the Contract Price each year for five years).

Appears in 2 contracts

Samples: Construction Contract, Construction Contract

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Maintenance obligations of the Contractor. (i) The Contractor shall maintain the Project for a period of [05 (years4(four)] years, corresponding to the Defects Liability Period, commencing from the date of the Completion Certificate (the “Maintenance Period”). For the performance of its Maintenance obligations, the Contractor shall be paid: (a) For Automated Multilevel Parking works: the contractor shall be paid @ 20.625% of the Contract Price each year for five years).year:

Appears in 1 contract

Samples: Engineering Procurement and Construction Agreement

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Maintenance obligations of the Contractor. (i) The Contractor shall maintain the Project for a period of [05 10 (years)] years, corresponding to the Defects Liability Period, commencing from the date of the Completion Certificate (the “Maintenance Period”). For the performance of its Maintenance obligations, the Contractor shall be paid: (a) For Automated Multilevel Parking works: the contractor shall be paid @ 2% of the Contract Price each year for five ten years).

Appears in 1 contract

Samples: Construction Contract

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