front cover page to tender documents - tamil nadu - Priasoft Login ...
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16.3 If the contrac<strong>to</strong>r shall fail <strong>to</strong> achieve completion of the works within the time<br />
prescribed by clause 15.1 hereof, than the contrac<strong>to</strong>r shall pay <strong>to</strong> the<br />
employer the sum stated in the contract as liquidated damages for such<br />
default and not as a penalty for every day or part of a day which shall elapse<br />
between the time prescribed by clause 15.1 hereof and the date of certified<br />
completion of the works. The Employer may, without prejudice <strong>to</strong> any other<br />
method of re<strong>cover</strong>y, deducts the amount of such damages from any moneys<br />
in his hand due or which may become due <strong>to</strong> the contrac<strong>to</strong>r. The payment or<br />
deduction of such damages shall not relieve the contraction from his<br />
obligation <strong>to</strong> complete the works of from any other of this obligations and<br />
liabilities under the contract.<br />
16.4 If before the completion of the whole of the works any part of section of the<br />
works has been certified by the Engineer as completed, pursuant clause<br />
hereof, and occupied or used by the employer the liquidated damages for<br />
delay shall for any period of delay after such certificate and in the absence of<br />
alternative provisions in the contract be reduced in the proportion which the<br />
value of the part or section so certified bears <strong>to</strong> the value of the whole of the<br />
works.<br />
16.5 Further <strong>to</strong> sub clause (2) above, if the contrac<strong>to</strong>r should fail <strong>to</strong> complete the<br />
separable portions of the works identified below or <strong>to</strong> complete the whole of<br />
the works within periods and dates specified under clause 23.10 the<br />
contrac<strong>to</strong>r shall pay <strong>to</strong> the employer, as fixed and agreed liquidated damages<br />
and not as penalty the such shown below for any calendar day or part of a<br />
calendar day of delay in the types and proportions of currencies as shall be<br />
payable <strong>to</strong> the contrac<strong>to</strong>r under the contract. However, if 95% of work is<br />
physically completed, it is constructed as fully completed only for enforcement<br />
of this clause.<br />
Sl.<br />
NO.<br />
1<br />
Section of<br />
works Physical<br />
completion<br />
(cumulative)<br />
Full work (Roads,<br />
Cross Drainage<br />
Works and<br />
Protective works)<br />
Time for<br />
completion<br />
(months)<br />
(cumulative)<br />
Delay up <strong>to</strong> 30 days<br />
Delay between 31-<br />
90 days<br />
Applicable amount of<br />
liquidated damages day<br />
Rs. 2,000/- day<br />
Rs. 5,000/- day<br />
For delays beyond 90 days,<br />
the work order will be<br />
Delay beyond<br />
cancelled, Security deposit<br />
90days<br />
forfeited and contrac<strong>to</strong>r black<br />
listed in addition <strong>to</strong> the<br />
penalty.<br />
Bidder Signature with Seal 24