Common use of Fees Liquidated Damages Clause in Contracts

Fees Liquidated Damages. 7.1 Reserved 7.2 Liquidated Damages and Fees Respecting Delays 7.2.1 The amounts of any Liquidated Damages for Delay for which DB Contractor may be liable pursuant to Section 8.7.1.1 of the General Conditions shall be as follows: (a) $[●] for each day after the Substantial Completion Deadline and through the date of Substantial Completion, but not to exceed [●] days; (b) $[●] per day for each day after the Final Acceptance Deadline and through the date of Final Acceptance. [insert any additional deadlines and LDs in relation to multiple segments and/or different scope options] 7.2.2 The amounts of any Qualifying Delay Late Fees for which DB Contractor may be liable pursuant to Section 8.7.1.2 of the General Conditions shall be as follows: (a) $[●][insert 50% of the amount set forth in Section 7.2.1