Pam Contract 2006

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Pam Contract 2006

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CLAUSE 22.1 If the contractor fails to complete the works by the completion date, and the Architect is of the opinion that the same ought reasonably so to have been completed, the architech shall issue a CERTIFICATE OF NON-COMPLETION. Opun the issuance of the certificate of non-completion, the contractor shall pay or allow to the employer a sum calculated at the rate stated in the appendix as LIQUIDATED DAMAGES for the period from the COMPLETION DATE to the DATE OF PRACTICAL COMPLETION. The employer may recover such sum as a debt or may deducted such sum from any monies due or to become due to the contractor under the contract or the employer may recover such sum from the perfomance bond. THANK YOU CLAUSE 22.0 PAM CONTRACT 2006 WITHOUT QUANTITIES clause 22.2 The LIQUIDATED DAMAGES stated in the appendix is a genuine pre-estimate of the lost and /or damage which the employer will suffer in the event that the contractor is in breach of Clause 21.0 and 22.0. The parties agree that by entering into the contract, the contractor shall pay to the employer the said AMOUNT, if the same becomes due without the need for the employer to prove his loss and/or damage unless the contrary is proven by the contractor. CLAUSE 22.3 In the event, the architect issues a CERTIFICATE OF EXTENSION OF TIME under Clause 23. Download Wallpaper Bergerak Untuk Pc Windows 7 there. 4, 23.9 & 23.10 which has the effect of fixing a completion date which is later than the date stated in a CERTIFICATE OF NON-COMPLETION previously issues, such certificate shall have the effect of revoking the Certificate of Non-Completion earlier issued.

The employer shall then revised the amount of Liquidated Damages he is entitled to retain. In the event, the amount of Liquidated Damages retained exceed the amoun, the Employer is entitled to retain, he shall repay the SURPLUS AMOUNT to the contractor within the PERIOD OF HONOURING CERTIFICATE from the date of the latest CERTIFICATE OF EXTENSION OF TIME. If the work is not completed by the COMPLETION DATE, stated in such certificate of extension of time, the Architect shall issue a further CERTIFICATE OF NON-COMPLETION. DAMAGES FOR NON-COMPLETION Liquidated Damages and Certificate of non-completion Agreed Liquidated Damages Amount Certificate of Non-Completion Revoked by Subsequent Certificate of Extension of Time.

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