Miscellaneous Damage Amounts Sample Clauses
The 'Miscellaneous Damage Amounts' clause defines specific monetary values assigned to various types of damages that may arise under the contract. It typically outlines predetermined amounts for less common or incidental damages, such as administrative costs, minor property repairs, or other non-standard losses. By specifying these amounts in advance, the clause streamlines the process of assessing and compensating for such damages, reducing disputes and providing clarity for both parties regarding their potential financial exposure.
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Miscellaneous Damage Amounts. The Contractor's Management Fee may, at the option of the Authority, be reduced by the following amounts:
