DEMOBILISATION FEE Sample Clauses
A Demobilisation Fee clause establishes a payment obligation to cover the costs incurred by a contractor or service provider when they are required to remove personnel, equipment, or resources from a worksite at the end of a project or upon early termination. Typically, this fee compensates for expenses such as transportation, dismantling, and administrative arrangements associated with winding down operations. By specifying the conditions and amount of the demobilisation fee, the clause ensures that the contractor is not financially disadvantaged by the need to vacate the site, thereby allocating risk and providing financial clarity for both parties.
DEMOBILISATION FEE. Operator shall pay the Contractor within thirty (30) days of expiry date as defined in Article 1.2 or within 30 days of the receipt of invoice, whichever is later, a demobilisation fee amounting to ............... on submission of invoice by the Contractor..
DEMOBILISATION FEE. 24.3.1 The Demobilisation Fee will be reimbursed to the Contractor in a single lump sum payment upon the successful completion of operations and this fee will encompass all costs and Disbursements incurred by the Contractor for the demobilisation of the drilling equipment, as well as any other items and Personnel belonging to the Contractor, from the Site. These costs should include, but not be limited to, insurance expenses, dismantling charges, packing fees, transportation costs, and the return of the equipment and personnel to their respective home base, whether within the country of operation or elsewhere.
24.3.2 The demobilisation process for the drilling equipment will be considered as complete solely upon the written Acceptance by the University, on condition that the following requirements without limitation are fulfilled:
24.3.2.1 The drill unit has been properly rigged down and transported away from the drill site.
24.3.2.2 The drill site, workshop, and office site have undergone full Rehabilitation.
24.3.2.3 All required actions and activities, as stipulated in the Agreement, have been duly completed and successfully closed out.