Common use of PERFORMANCE DELAYS Clause in Contracts

PERFORMANCE DELAYS. 15.1. In case the Consultant fails to perform the services during the performance period specified in the contract, PRASA is entitled, no prior notice being required and without prejudice to any other sanctions under the contract, to request penalties for each day between the end of performance period mentioned in the contract and the actual end date of performance period. 15.2. The daily rate of penalties for delays in service delivery is calculated at 0.09% of the contract value per day. 15.3. In case these penalties exceed 10% of the contract value, PRASA may, pursuant to a notice addressed to the Consultant: 15.3.1. Terminate the contract, and 15.3.2. Complete the services at the Consultant’s expense.