Examples of Liquidated Damages in a sentence
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.
Accordingly, in accordance with Government Code section 53069.85, it is agreed that the Contractor will pay the City the sum of $1,000.00 for each and every Day of delay beyond the time prescribed in the Contract Documents for finishing the Work, as Liquidated Damages and not as a penalty or forfeiture.
Shall subject Contractor to the assessment of Liquidated Damages for failure to meet the Contract Time.
FEES & ADMINISTRATION 11 Liquidated Damages 11 Price Escalators 11 Billing & Payment 12 Performance Monitoring 12 Subcontractors Subject to contract provisions 12 Labor 12 Work Periods 12 Access to Maps and Records 13 C6.