Common use of LOSS AND DAMAGES Clause in Contracts

LOSS AND DAMAGES. Any loss or damages or deterioration of the material in transits shall be at the cost of the contractor. It shall be at the discretion of the GMDC to reject, damaged or spoiled material, if so noticed. During the execution of work, if any property of GMDC is damaged then estimated repair cost + 20 % of the same shall be recovered from contractor.

LOSS AND DAMAGES. Any loss or damages or deterioration of the material in transits shall be at the cost of the contractor. It shall be at the discretion of the GMDC to GMDCto reject, damaged or spoiled material, if so noticed. During the execution of work, if any property of GMDC is GMDCis damaged then estimated repair cost + 20 % of the same shall be recovered from contractor.