PENALTY FOR DELAY IN DELIVERY a) Prompt delivery of the consignment is of prime importance. The stipulated transit time (excluding both , the day of Loading/Release at source and reaching at destination) for transportation of consignments shall be as under:-
PENALTY FOR DELAY IN DELIVERY. G-25.1 If consignments are not delivered within the normal transit schedule [transit time reckoning the permissible per day running Kms plus 2 (two) days grace period], a penalty @ 2/7% of the gross freight charges per day subject to a minimum of 2% & maximum of 30% of gross freight shall be levied. Where under loads are booked as full load, a higher penalty @ 1/2% per day of the gross freight will be imposed restricted to a minimum of 2% of gross freight and a maximum of 40% of gross freight. Note:- Gross freight is the sum of Basic freight, diesel escalation/de-escalation and ODC charges. If due date of delivery falls on Sunday or holiday, the consignment shall be delivered on next working day & no penalty shall be levied to the extent of Sunday/ holiday. If the penalty works out to be less than Rs 10/- the same shall not be charged. NOTE: - Even for short distance, Transporter is required to place the vehicle in time, else penalty on account of late placement of vehicle shall be charged.
PENALTY FOR DELAY IN DELIVERY. 47.1) If consignments are not delivered within the transit schedule [transit time reckoning the permissible speed plus 2 (two) days grace period excluding the day of loading & unloading], a penalty @ 2/7% of the basic freight charges per day delay subject to a maximum of 30% of gross freight shall be levied.
PENALTY FOR DELAY IN DELIVERY. If the date of Handover agreed is exceeded, the PPP company shall incur a penalty. The penalty shall be 0.25 per thousand of the Construction Sum per Calendar Day until Handover has actually taken place. The penalty shall be set off against the Construction Payment.
