Total penalty definition
Examples of Total penalty in a sentence
Additional penalty of Rs. 500 per hour shall be levied to the SUCCESSFUL BIDDER if the engineer does not resolve the problem or provide working replacement with in 48 hours Total penalty in payment in any quarter shall not exceed 10% of the total quarterly value.
Additional penalty of Rs. 100 per hour shall be levied to the SUCCESSFUL BIDDER if the engineer does not resolve the problem or provide working replacement with in 48 hours Total penalty in payment in any quarter shall not exceed 10% of the total quarterly value.
Total penalty amount will be liquidated damages and shall be deducted from the total Contract Price.
Total penalty fees within a 30-day period shall not exceed 50% of the associated service fees during that same period.