Defect Liability Period (DLP) definition

Defect Liability Period (DLP) means the period during which the contractor is obliged to guarantee the work or defined portions of work against defect and during which he is obliged to perform any maintenance procedure that may be specified by the Engineer-in- charge and shall be calculated from the date of the certificate of completion given by the Engineer-in-charge in accordance with clause 40 hereof or in the event of more than one certificate having been issued by the Engineer-in- charge under the said clause from the respective dates so certified;
Defect Liability Period (DLP) means the period defined in the GCC Clause No. 7.67.
Defect Liability Period (DLP) means a period of 12 months reckoned from the Taking Over Date for the Works.

Examples of Defect Liability Period (DLP) in a sentence

  • The contractor may, at his option, replace the retention amount with an unconditional BG from a bank and it should remain valid for a period of 60 (sixty) days beyond the date of completion of all contractual obligations of the contractor, including Defect Liability Period (DLP).

  • This bank guarantee shall be valid till three months beyond the Defect Liability Period (DLP) for the total order value including Post Warranty Maintenance charges.

  • The Scope of Project shall be subject to a cumulative Defect Liability Period (DLP) of [60 (sixty) months from the Completion Date.

  • The Defect Liability Period (DLP) as specified in General Conditions, shall be for a period of 24 months from the date of the Certificate of Provisional Acceptance.

  • Further, upon completion of Defect Liability Period (DLP) and for submission of CPBG for the Post Warranty Maintenance Period of three years, contractor has following two options:- Either opt for reduction of the original CPBG value to 10% of Post warranty maintenance contract value and extend the validity till 3 months beyond Post Warranty Maintenance Period.

  • The Scope of Project shall be subject to a cumulative Defect Liability Period (DLP) of 60 (Sixty) months from the Completion Date.

  • The Scope of Project shall be subject to a cumulative Defect Liability Period (DLP) of 12 (Twelve) months from the Completion Date.

  • The Performance Security submitted by the Concessionaire during the Construction Period shall be retained by the Authority up to third anniversary of the Appointed Date to be called as Defect Liability Period (DLP).

  • The same shall be returned after completion of Defect Liability Period (DLP) of 12 months All dues have to be cleared by Contractor and No-claim certificate has to be provided by the Contractor before releasing final (Security Deposit) SD.

  • In case of Performance Security in form of Bank Guarantee, the bidder may furnish an Unconditional Bank Guarantee as per format provided in the section "Bid Forms and Procedures" of the bidding documents from any Nationalised / Scheduled Bank as per the list provided in Annexure-1 of ITB and it should remain valid for a period of 60 (sixty) days beyond the date of completion of all contractual obligations of the contractor, including Defect Liability Period (DLP)/ warranty period, as applicable.


More Definitions of Defect Liability Period (DLP)

Defect Liability Period (DLP) means a period of 1 year from the certified date of virtual completion issued by the Engineer-in-charge/date of final payment whichever is later and accepted by the Employer.
Defect Liability Period (DLP). Defects Liability Period” shall mean minimum period of twelve (12) months calculated from the date of issuance of each Acceptance Certificate for the Stage or mentioned in this Contract/Agreement, Works or any part of the Works. Provided that, if any part of the Works or subsystems or part or component of that part of the Works has been replaced, renewed or repaired during the Defects Liability Period, the Defects Liability Period in respect of such part or subsystem or components of that part shall again start for a period of twelve (12) months from the date of such replacement, renewal or repair has been completed to the satisfaction of the Purchaser.
Defect Liability Period (DLP) means the period during which the contractor is obliged
Defect Liability Period (DLP). /Defects Liability Period” shall mean minimum period of twelve (12) months calculated from the date of issuance of each Acceptance Certificate for the Stage or mentioned in this Contract/Agreement, Works or any part of the Works.
Defect Liability Period (DLP) means the period defined in the GCC