RISK and Cost and Liquidated Damages for AMC Contracts Sample Clauses

RISK and Cost and Liquidated Damages for AMC Contracts. 1) There exist five different work areas (North, South, External, SSTP & Unit II) in the factory complex and 8 Sectors (A, B, C, D, E&R and K&N) in Township complex. Hence, the contractor shall ensure that himself or his authorised representative visits and meets the Engineer in- Charge of the respective areas where work is allocated to the contractor to receive work instructions / complaints on daily basis by 8:00 A.M / 9:00 AM as instructed by Engineer-in- charge. 2) If the Contractor / his representative fails to turn up to the office of the Engineer in-charge to receive the complaints / instructions by 09:00 AM, it will be considered as “Absent” and recovery for non- deployment of supervisor will be levied at the prevailing minimum wages (including statutory requirements i.e. PF, ESI, etc.) along with additional 5 % over heads will also be recovered from the date of LOI. 3) Sub work orders will be issued through e-mail under this contract with specific completion
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RISK and Cost and Liquidated Damages for AMC Contracts. 1) There exist different work areas (North, South, External, SSTP & Unit II) in the factory complex and 8 Sectors (A, B, C, D, E&R,PH,S and K&N) in Township complex. Hence, the contractor shall ensure that himself or his authorized representative visits and meets the Engineer in-Charge of the respective areas where work is allocated to the contractor to receive work instructions / complaints on daily basis by 9:00 AM as instructed by Engineer-in-charge. 2) If the Contractor / his representative fails to turn up to the office of the Engineer in-charge to receive the complaints / instructions by 09:00 AM, it will be considered as “Absent” and recovery for non-deployment of supervisor will be levied at the prevailing minimum wages (including statutory requirements i.e. PF, ESI, etc.) along with additional 5 % over heads will also be effected from the date of LOI. 3) Sub work orders will be issued through e-mail under this contract with specific completion period. Sub work orders will be classified as “Maintenance” and “other” works. 4) The contractor shall commence the works immediately after the issue of Sub work order issued through email. If the contractor fails to commence the works even after 14 days from the date of issue of sub work order through email, the engineer in-charge may cancel the sub work order and execute the same, by engaging alternate agency at the risk and cost of the contractor without any further notice. 5) For the sub work orders classified as “Other” a) Within the scope of these other category sub-work orders, the contractor is responsible for to carry out the work. The contractor must evaluate these works and perform the work accordingly. If there are any items of work which is not covered under the sub-work order which is required for taking up/completeing the works, the contractor must inform the Engineer in charge for inclusion such items in the sub work order. This communication is essential to ensure the inclusion of such items in the sub-work order to facilitate the smooth execution of works mentioned in the sub work order. b) Immediately after issue of “Other” category sub work order and before work is to begin, the Engineer-in-charge and the Contractor shall agree to a Time and Progress Chart with due consideration of completion date given in the sub work order. In any case the completion date given in the sub work order can’t be extended without proper approval from the competent authority which has to be substantiated with...
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Related to RISK and Cost and Liquidated Damages for AMC Contracts

  • CONTRACT TIME AND LIQUIDATED DAMAGES (7-1-95) (Rev. 12-18-07) 108 SP1 G10 A The date of availability for this contract is April 25, 2016. The completion date for this contract is October 15, 2017. Except where otherwise provided by the contract, observation periods required by the contract will not be a part of the work to be completed by the completion date and/or intermediate contract times stated in the contract. The acceptable completion of the observation periods that extend beyond the final completion date shall be a part of the work covered by the performance and payment bonds. The liquidated damages for this contract are Two Thousand Dollars ($ 2,000.00) per calendar day.

  • Breach of Contract and Liquidated Damages A. Where OGS determines that the Contractor is not in compliance with the requirements of subsection 4.7 of this Contract, and the Contractor refuses to comply with such requirements, or if it is found to have willfully and intentionally failed to comply with the MWBE participation goals set forth in the Contract, the Contractor shall be obligated to pay liquidated damages to OGS. B. Such liquidated damages shall be calculated as an amount equaling the difference between: 1. All sums identified for payment to MWBEs had the Contractor achieved the contractual MWBE goals; and 2. All sums actually paid to MWBEs for work performed or materials supplied under the Contract. C. If OGS determines that Contractor is liable for liquidated damages and such identified sums have not been withheld by OGS, Contractor shall pay such liquidated damages to OGS within sixty (60) days after they are assessed. Provided, however, that if the Contractor has filed a complaint with the Director of the Division of Minority and Women’s Business Development pursuant to 5 NYCRR § 142.12, liquidated damages shall be payable only in the event of a determination adverse to the Contractor following the complaint process.

  • Withholding for unpaid wages and liquidated damages The FHWA or the contacting agency shall upon its own action or upon written request of an authorized representative of the Department of Labor withhold or cause to be withheld, from any moneys payable on account of work performed by the contractor or subcontractor under any such contract or any other Federal contract with the same prime contractor, or any other federally-assisted contract subject to the Contract Work Hours and Safety Standards Act, which is held by the same prime contractor, such sums as may be determined to be necessary to satisfy any liabilities of such contractor or subcontractor for unpaid wages and liquidated damages as provided in the clause set forth in paragraph (2.) of this section.

  • Violation; liability for unpaid wages; liquidated damages In the event of any violation of the clause set forth in paragraph (1.) of this section, the contractor and any subcontractor responsible therefor shall be liable for the unpaid wages. In addition, such contractor and subcontractor shall be liable to the United States (in the case of work done under contract for the District of Columbia or a territory, to such District or to such territory), for liquidated damages. Such liquidated damages shall be computed with respect to each individual laborer or mechanic, including watchmen and guards, employed in violation of the clause set forth in paragraph (1.) of this section, in the sum of $10 for each calendar day on which such individual was required or permitted to work in excess of the standard workweek of forty hours without payment of the overtime wages required by the clause set forth in paragraph (1.) of this section.

  • Liquidated Damages for Delay In addition to the Contractor bearing the actual cost of correcting any non-compliant work or any other actual damages resulting from Contractor’s breach of this Agreement, the Contractor agrees to pay the Contractor delay damages in the amount of $500.00 per day for every day that the goods and/or services to be provided pursuant to this Agreement have not been timely delivered to the District in compliance with the Scope of Services set forth above, unless the delay has been properly excused by the terms of this Agreement. The parties agree that the District’s actual damages for delay are difficult to estimate and that this $500.00 per day sum is a reasonable pre-estimate of the District’s actual damages for each day of delay and that the is $500.00 per day sum is intended by the parties to be in the nature of liquidated damages, not a penalty. It is not the parties’ intent for this provision to limit either party’s remedies against the other for the breach of this Agreement, except for the District’s money damages for unexcused delays caused by the Contractor.

  • Notice of Liquidated Damages System Agency will formally notify Grantee in writing when liquidated damages action is imposed, stating the nature of the action, the reasons for imposing, and the method of appealing. Grantee must submit a written appeal, within ten (10) calendar days of receipt of the notice, to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx.

  • Payment of Liquidated Damages If you supply all or some of your milk to a third party during a Month you must, if required by DFMC, immediately pay to DFMC liquidated damages for that Month calculated as follows: $X = W cents x (Y – Z) Where: $X is the amount payable by you to DFMC for the relevant Month. If $X is a negative amount, no amount is payable by you. Y is the average monthly litres you have supplied to DFMC based on the 12 months immediately preceding the relevant Month (or in the event you have not supplied DFMC for 12 months, the average monthly litres you have supplied to DFMC during the period you have supplied DFMC). Z is the number of litres supplied to DFMC by you for the relevant Month.

  • Delay Liquidated Damages Delay Liquidated Damages has the meaning set out in GC 7.6.1.

  • Damages for delay Subject to the provisions of Clause 12.4, if COD does not occur prior to the 91st day after the Scheduled Completion Date, unless the delay is on account of reasons solely attributable to the Authority or due to Force Majeure, the Concessionaire shall pay Damages to the Authority in a sum calculated at the rate of 0.1% (zero point one per cent) of the amount of Performance Security for delay of each day until COD is achieved.

  • NO LIMITATION OF LIABILITY FOR DAMAGES FOR PERSONAL INJURY OR PROPERTY DAMAGE ARE

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