Rectification Costs Clause Samples
The Rectification Costs clause defines the responsibility for covering expenses incurred to correct defects or errors in work performed under a contract. Typically, this clause outlines which party—often the contractor or service provider—must bear the cost of remedying any non-compliant or faulty work, and may specify procedures for notification and completion of such rectification. Its core practical function is to ensure that any deficiencies are addressed at the responsible party's expense, thereby protecting the other party from additional financial burden and ensuring the quality of the final deliverable.
Rectification Costs for the purposes of any Termination Date that occurs during the Services Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Services are available; has the meaning given to it in Schedule 6 (Payment Mechanism); has the meaning given to it in clause 68.5 (Referral of the Dispute); has the meaning given to it in clause 68.3 (Adjudication);
Rectification Costs. All costs incurred in making good any Defects to the extent such costs are not recovered under any Project insurance policy.