Common use of Supplier’s limitation of Liability Clause in Contracts

Supplier’s limitation of Liability. (Clause 36.2.1 of the Call Off Terms); [In Clause 36.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 39.2.1 of the Call Off Terms); [In Clause 36.2.1 39.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i39.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii39.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii39.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 39 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 39.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 41.2.1 of the Call Off Terms); [In Clause 36.2.1 41.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i41.2(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii41.2(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii41.2(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 41. (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 41.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 49.2.1 of the Call Off Terms); [In Clause 36.2.1 49.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i49.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii49.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii49.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 49 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 49.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 51.2.1 of the Call Off Terms); [In Clause 36.2.1 51.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i51.2.1(e) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii51.2.1(f) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii51.2.1(g) shall be amended to [ ]] Guidance Note: consider Clause 36 51 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 51.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 48.2.1 of the Call Off Terms); [In Clause 36.2.1 48.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i48.2.1(e) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii48.2.1(f) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii48.2.1(g) shall be amended to [ ]] Guidance Note: consider Clause 36 48 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 48.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 of the Call Off Terms); [In Clause 36.2.1 of the Call Off Terms] [OR] [The wording “ten “ three million pounds pounds” (£10,000,0003,000,000.00) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i) shall be amended to: [ ]] [The wording “ten three million pounds (£10,000,0003,000,000.00) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii) shall be amended to [ ]] [The wording “ten three million pounds (£10,000,0003,000,000.00) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 45.2.1 of the Call Off Terms); [In Clause 36.2.1 45.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i45.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii45.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii45.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 45 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 45.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 46.2.1 of the Call Off Contract Terms); [In Clause 36.2.1 46.2.1 of the Call Off Contract Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i46.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii46.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii46.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 46 (Liability) and confirm the Supplier’s Suppliers financial limits of liability. Consider whether the default limits to the Supplier’s Suppliers liability in Clause 36.2.1 46.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 of the Call Off Terms); [In Clause 36.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i36.2,1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 47.2.1 of the Call Off Terms); [In Clause 36.2.1 47.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i47.2.1(e) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii47.2.1(f) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii47.2.1(g) shall be amended to [ ]] Guidance Note: consider Clause 36 47 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 47.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 45.2.1 of the Call Off Lease Agreement Terms); [In Clause 36.2.1 45.2.1 of the Call Off Lease Agreement Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i45.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Lease Agreement Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii45.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Lease Agreement Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii45.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 45 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 45.2.1 are appropriate for the Call Off Contract Lease Agreement and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.

Supplier’s limitation of Liability. (Clause 36.2.1 38.2.1 of the Call Off Terms); [In Clause 36.2.1 38.2.1 of the Call Off Terms] [OR] [The wording “ten million pounds (£10,000,000) or a sum equal to one hundred and fifty per cent (150%)” in Clause 36.2.1(b)(i38.2.1(b)(i) shall be amended to: [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(ii38.2.1(b)(ii) shall be amended to [ ]] [The wording “ten million pounds (£10,000,000) in each such Call Off Contract Year or a sum equal to one hundred and fifty percent (150%)” in Clause 36.2.1(b)(iii38.2.1(b)(iii) shall be amended to [ ]] Guidance Note: consider Clause 36 38 (Liability) and confirm the Supplier’s financial limits of liability. Consider whether the default limits to the Supplier’s liability in Clause 36.2.1 38.2.1 are appropriate for the Call Off Contract and represent the right apportionment of risk between the Customer and the Supplier. The aim should be to establish liability ceilings reflecting a combination of the best estimate by the Customer of the losses that it (and any other associated bodies) might suffer in the event of a Default by the Supplier, the likelihood of those losses occurring and the value for money considerations in limiting liability.