Liquidated Damages
Liquidated damages, also referred to as "liquidated and ascertained damages" (LADs) are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g. late performance).An average of the likely costs which may be incurred in dealing with a breach may be used. Authority for the proposition that averaging is the appropriate approach may be taken from the case of English Hop Growers v Dering, 2 KB 174, CA (1928).When damages are not predetermined/assessed in advance, then the amount recoverable is said to be "at large" (to …
WikipediaPublications
IISD: International Institute for Sustainable Development · 25 September 2023 English
This report aims to provide a strategy to guide policy-makers in sourcing lithium responsibly to promote clean energy manufacturing in India, with the aim of supporting low-carbon economic growth, creating …
the offtakers, the contract also includes liquidated damages that impose fines on the mining companies … deliver the agreed-upon lithium on time. Liquidated damages are particularly important in the mining …
BC Housing · 17 May 2023 English
It is to be issued by the Consultant to supplement the Contract Documents, as required for the performance of the Work.” Page 6 of 40 SCM-043 New Definition 38 – …
GC 3.15 – LIQUIDATED DAMAGES Add new General Condition as follows: “GC 3.15 LIQUIDATED DAMAGES 3.15 If … Construction Manager will pay to the Owner by way of liquidated damages and not as a penalty the sum of $[POPULATE] … Date). The maximum aggregate amount of such liquidated damages will be ten percent (10%) of the Contract … this Contract had not been terminated. The liquidated damages will not relieve the Construction Manager … either deduct the daily sums in respect of liquidated damages from any amounts payable to the Construction …
BC Housing · 17 May 2023 English
Supplementary-General-Conditions-CCDC2-Stipulated-Price-Contract
the essence of the Contract. ARTICLE A-10 LIQUIDATED DAMAGES 10.1 If the Contractor fails to achieve Substantial … Contractor will pay to the Owner by way of liquidated damages and not as a penalty the sum of $[POPULATE] … Date). The maximum aggregate amount of such liquidated damages will be ten percent (10%) of the Contract … this Contract had not been terminated. The liquidated damages will not relieve the Contractor from its … either deduct the daily sums in respect of liquidated damages from any amounts payable to the Contractor …
BC Housing · 17 May 2023 English
If, in the opinion of the Consultant or the Owner, the Design-Builder makes use of methods or appliances which will not permit the proper execution of the Work or employs …
acknowledgements are also liable. ARTICLE A-10 LIQUIDATED DAMAGES 10.1 If the Design-Builder fails to achieve … Design-Builder will pay to the Owner by way of liquidated damages and not as a penalty the sum of $[POPULATE] … Date). The maximum aggregate amount of such liquidated damages will be ten percent (10%) of the Contract … this Contract had not been terminated. The liquidated damages will not relieve the Design- Builder from … either deduct the daily sums in respect of liquidated damages from any amounts payable to the Design- Builder …
BC Housing · 17 May 2023 English
If, in the opinion of the Consultant or the Owner, the Design-Builder makes use of methods or appliances which will not permit the proper execution of the Work or employs …
liable. Page 6 of 33 P-GFP-2023 ARTICLE A-10 LIQUIDATED DAMAGES 10.1 If the Design-Builder fails to achieve … Design-Builder will pay to the Owner by way of liquidated damages and not as a penalty the sum of $[POPULATE] … Date). The maximum aggregate amount of such liquidated damages will be ten percent (10%) of the Contract … this Contract had not been terminated. The liquidated damages will not relieve the Design- Builder from … either deduct the daily sums in respect of liquidated damages from any amounts payable to the Design- Builder …
AMO: Association of Municipalities of Ontario · 5 April 2023 English
The Parties acknowledge and agree that: (a) the use of the ROWs under this Agreement shall not create nor vest in the Company any ownership or property rights in the …
professional fees and disbursements, interest, liquidated damages and amounts paid in settlement, whether from …
AECL: Atomic Energy of Canada Limited · 31 March 2023 English
(g) “CNL Agreement” refers, collectively, to the agreement that AECL is anticipated to enter into with CNL immediately following the execution of the Contract and AECL will cause the transfer …
retain and apply the proceeds thereof as liquidated damages, in addition to any other remedies available …
City of Calgary, Alberta · 27 October 2022 English
The suitable portion of the excavated material shall be stored on or off the project, as the Contractor may elect, and used for backfilling curbs and dressing up the planting …
........... 165 TABLE 62: REPLACEMENT OR LIQUIDATED DAMAGES BASED ON THE PERCENT AFFECTED AREA OF THE … Maintenance Standards in Table 62: Replacement or Liquidated Damages Based on the Percent Affected Area of the … aggregate greater than 5 mm deep. Replacement or liquidated damages are based on the surface area as in Table … Table 62: Replacement or Liquidated Damages Based on the Percent Affected Area of the Surface Condition and … Concrete Based on Type. TABLE 62: REPLACEMENT OR LIQUIDATED DAMAGES BASED ON THE PERCENT AFFECTED AREA OF THE …
BC Housing · 29 August 2022 English
to do the Work for the price, which is the sum of the products of the actual quantities incorporated into the Work and the appropriate unit prices plus any lump …
................................... D-21 Liquidated Damages for Late Completion .................... … No payment shall be owed for lost oppor- Liquidated Damages SGC 44 Delete GC 13.9.1 and replace it with … Contractor will pay to the Owner by way of liquidated damages and not as a penalty the sum of $[POPULATE] …
City of Windsor, Ontario · 25 July 2022 English
The private drain connection, from the 150mm cleanout at property line, to the dwelling may be either a 150mm diameter pipe or 100mm diameter pipe with positive grade from the …
contractor on any account whatsoever. The liquidated damages payable under this paragraph are in addition …
