Clause 2. The time allowed for carrying out the work as entered in the tender shall be strictly observed by the contractor and shall be reckoned from the date on which the order to commence work is given to the contractor. The work shall throughout the stipulated period of the contract be proceeded with, all due diligence (time being deemed to be the essence of the contract on part of the contractor) and the contractor shall pay as compensation an amount equal to one percent, or such smaller amount as the Superintending Engineer (whose decision in writing shall be final) may decide, of the amount of the estimated cost of the whole work as shown in the tender for every day that work remains un-commenced, or unfinished after the proper dates. And further to ensure good progress during the execution of the works, the contractor shall be bound in all cases, in which the time allowed for any work exceeds one month to complete. + 1/4 of the work in 1/4 of the time 1/2 of the work in 1/2 of the time 3/5 of the work in 2/3 of the time Full work 18 (Eighteen) Month In the event of the contractor failing to comply with these conditions he shall be liable to pay as compensation an amount equal to one percent, or such smaller amounts as the Superintending Engineer (whose decision in writing shall be final) may decide of the said estimated cost of the whole work for every day that the due quantity of work remains incomplete. Provided always that the total amount of compensation to be paid under provision of this clause shall not exceed 10 percent of the estimated cost of the work shown in the tender. Superintending Engineer should be the final authority in this respect irrespective of the fact that the tender is accepted by Chief Engineer /Superintending Engineer/Executive Engineer. Clause 3 : In any case in which under any clause or clauses of this contracts the contractor shall have rendered himself liable to pay compensation amounting to the whole of his security deposit (whether paid in one sum or deducted by installments) or in the case of abandonment of the work owing to serious illness or death of the contractor or any other cause, the Executive Engineer on behalf of the Governor of Maharashtra shall have power to adopt any of the following courses as he may deem best suited to the interest of Government. Action when process of particular work is unsatisfactory

Clause 2. Ad-hoc Committee The President of the Board shall have the power to form ad-hoc committees.

Examples of Clause 2 in a sentence

The documentary evidence of the Bidder's eligibility to bid shall establish to the Purchaser's satisfaction that the Bidder, at the time of submission of its bid, is from an eligible country as defined under ITB Clause 2.
The contractor can search & download NIT & Tender Documents electronically from computer once he logs on to the website mentioned in Clause 2 using the Digital Signature Certificate.
The documentary evidence of the Bidder's eligibility to bid shall establish to the Purchaser's satisfaction that the Bidder, at the time of submission of its bid, is eligible as defined under ITB Clause 2.
Undertaking on Judicial Paper that the firm fulfills eligibility requirements of ITB Clause 2, is not blacklisted and not involved in litigation with any of provincial or Federal Government Department, Agency, Organization or autonomous body anywhere in Pakistan.
Subject to the provisions of ITB Clause 2, any previous or ongoing participation by the Consultant, its professional staff, or its affiliates or associates under a contract with the Funding Source or the Procuring Entity in relation to this Project may result in the rejection of its bid.

More Definitions of Clause 2

Clause 2. Credit Clause: Free documents licensing warning Optional element. Although you need to retain the credit, you should remove the inline copyright warning from this document before use. Clause 3: Term Clause 3.2 Is the term of the contract indefinite, or will it come to an end upon some agreed date, or upon the occurrence of a defined event? Upon what date will the contract terminate? Upon the occurrence of what event will the contract terminate? Clause 4: Licence Clause 4.1 When does the licence to use the software commence? Will the licence expire at some point? What sort of licence is granted? When will the licence end? What specific rights are granted to the User? Will the licence specify how many instances of the software may be installed? How many instances of the software may be installed? Will the licence specify how many instances of the software may be used? Can the use of the software be circumscribed by reference to its documentation? How many instances of the software may be used? How many back-up copies of the software may be created? Clause 4.2 Will the User have the option to ask the Licensor for consent to sub-licensing? Clause 4.2 To whom may the software be sub-licensed? Is the right to sub-license restricted by reference to purpose? Specify the purposes by reference to which sub-licensing is permitted.

Clause 2 in accordance with the contract' This is the residue of our wording 'Complete in accordance with the Contract'. I think it unhelp because CCC will not be taking over the Northern Works in accordance with the Contract (quite the reverse) but in accordance with the Supplemental Agreement. Defects I have deleted your clause 3 entirely. Under the Contract as it presently exists, Completion can only follow correction of notified Defects which would have prevented the Employer from using the works. Defects are defined to include non compliance with the Works Information. Under the Contract there is a 'defects date' (10 years after the issue of the section 1 Completion Certificate) and a 'defects correction period' (4 weeks). In short, for 10 years after Completion of section 1 is certified, Xxxxxxx must return and correct notified defects within 4 weeks of notification. The proposed clause 3 does not provide that, for the Northern Works, this 10 years should start to run from take over of completion of the Northern Works. I gather that it has been discussed and agreed that the defects date will not start early for the northern works. Instead, the proposed clause 3 redefines defects as only those defects not known or reasonably discoverable at the date of take over. This is, of course, unacceptable to CCC. Such a 'seismic change' (to quote Xxxx Xxxxxxxxx) has no logical connection with taking over the northern works and is plainly an attempt to gain a collateral advantage (which you had said was not something on Xxxxxxx'x agenda). The entire clause must be deleted.

Clause 2. Both parties consult each other for the payment of the related housing rental tax. Article Four: Renovation and Remodeling Maintaining the leased space in good condition is Party A's responsibility. Party A should check and inspect and premise regularly to make sure there is no flooding, drainage and indoor water supply, sewage, and electricity is normal so that Party B can use the leased space comfortably. Regarding the renovation scope and standard, both parties should follow the Notice No.13 issued by the Beijing Municipal Construction Department. When Party A renovates the premise, Party B should assist Party A, and should not deter the renovation works in any form. With regard to the renovation project of the leased space, both parties consult each other to reach agreement on the renovation details. Without obtaining the prior written agreement of Party A, Party B cannot carry out any modification, enlargement or improvement to the leased space. Without the approval of Party A, Party B cannot make any marks, painting or drilling, and cannot damage the outer appearances of the leased space and the building in any form. Regarding the ownership of the decorations at the expiration of the lease agreement, both parties agree that: Party B is responsible for the decoration costs and the ownership right belongs to Party A.

Clause 2. If Party A is willing to sell the leased space, it should notify Party B with a three month written notice. Under the same conditions, Party B has the preemptive right to purchase the leased space.

Clause 2. If there is a municipal construction need that the premise has to be tear down or has to be remodeled, each party bears no responsibility with regard to the damage. If the lease agreement is forced to cease due to the above-mentioned clauses, the rent will be calculated based on the usage time, and the extra rent will be refunded to Party B.

Clause 2. The contractor shall deliver the materials on or before the dates mentioned in the tender and schedule failing which he shall be liable to pay a sum of Rs. 500/- as and for liquidated damage for every day that he shall delay the delivery of the said materials. Liability of contractor for failure in delivery of materials.

Clause 2 definition

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