Common use of Non-compliance penalties for Clause in Contracts

Non-compliance penalties for. SUBCONTRACTING a) Breach of subcontracting obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its subcontracting commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non-Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference in value between the committed and delivered subcontracting value (i.e. 100% of the undelivered subcontracting value) plus an additional 10% (ten per cent) of such difference.

Non-compliance penalties for. SUBCONTRACTING a) Breach of subcontracting obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider Supplier fails to achieve its subcontracting commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider Supplier shall pay a Non-Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- Non-compliance. c) Such penalty shall be calculated based on the difference in value between the committed and delivered subcontracting value (i.e. 100% of the undelivered subcontracting value) plus an additional 10% (ten per cent) of such difference.

Non-compliance penalties for. SUBCONTRACTING a) Breach of subcontracting obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its subcontracting commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non-Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- Non-compliance. c) Such penalty shall be calculated based on the difference in value between the committed and delivered subcontracting value (i.e. 100% of the undelivered subcontracting value) plus an additional 10% (ten per cent) of such difference.

Non-compliance penalties for. SUBCONTRACTING a) Breach of subcontracting obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the SupplierSupplier and/Service Provider fails to achieve its subcontracting commitments as per their bid submission (“a Non-Compliance”), the SupplierSupplier and/Service Provider shall pay a Non-Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- Non-compliance. c) Such penalty shall be calculated based on the difference in value between the committed and delivered subcontracting value (i.e. 100% of the undelivered subcontracting value) plus an additional 10% (ten per cent) of such difference.