Examples of Liquidated Damages in a sentence
The Liquidated Damages for Lane Closures for which DB Contractor may be liable pursuant to Section 8.6.2 of the General Conditions shall be as set forth in Exhibit 15 to this DBA.
DB Contractor acknowledges and agrees that such Liquidated Damages for Lane Closures are reasonable in order to compensate TxDOT for damages it will incur as a result of such Lane Closures.
Schedule for Liquidated Damages Task Order Price Liquidated Damages per Day Up to $100,000 $500 $100,001 to $500,000 $1,000 Over $500,000 $1,000 plus 0.2% of Task Order Price over $500,000 The applicability of liquidated damages shall be automatic on each Task Order.
Liquidated Damages shall not apply if it is clearly noted on the Request for Proposal or executed Task Order.
Section D: Damages D-012 Liquidated Damages The following clauses in the DAMAGES section of this contract provide for payments to the State for certain breaches of the terms of this contract.