Common use of Compensation for Delay Clause in Contracts

Compensation for Delay. 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 through the stipulated period of the contract proceeded with, all due diligence (time being deemed to be of the essence of the contract on the 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 by the tenderer for every day that the work remains uncommenced, or unfinished after the proper dates. And further to ensure good progress during execution of the work, the contractor shall be bound,in all cases in which the time allowed for any work exceeds one month to complete. ¼ of the work in ¼ of the time ½ of the work in ½ of the time ¾ of the work in ¾ of the time Full work will be completed in full time i.e. in 2Months of the time in clding mansoon period. * Note - The quantity of the work to be done within a particular time to be specified above shall be fixed and inserted in the blank space kept for the propose by the officer competent to accept the contracts after taking into consideration the circumstances of each case and abide by the programme of detailed progress laid down by the Executive Engineer.The following proportion will usually be found suitable In ¼, ½, ¾ of the time Reasonable progress of earth wprl.1/6 ,1/2 ,3/4 of the total value of the work to be done Reasonable progress of masonary work .1/10, 4/10 ,8/10 of the total value of the work to be done

Compensation for Delay. 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 through shall, throughout the stipulated period of the contract contract, be proceeded with, with all due diligence (time being deemed to be of the essence of the contract on the 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 Engineer, (Whose whose decision in writing shall be final) may decide, of the amount of the estimated cost of the whole work as shown by in the tenderer tender for every day that the work remains uncommencedun-commenced, or unfinished after the proper datesdate. And further to ensure good progress during the execution of the work, the contractor shall be bound,bound in all cases in which the time allowed for any work exceeds one month to complete. ¼ of the work in ¼ of the time ½ of the work in ½ of the time ¾ of the work in ¾ of the time Full work will be completed in full time i.e. in 2Months of the time in clding mansoon period. * Note - 100% 100% The quantity of the work to be done within a particular time to be specified above shall be fixed and inserted insured in the blank balance space kept for the propose purpose by the officer competent to accept the contracts (after taking into consideration the circumstances of each case case) and abide by the programme program of detailed progress laid down by the Executive Engineer.Engineer (Page No ). The following proportion will usually be found suitable In ¼, ½, ¾ in percentage of the time *Reasonable progress of earth wprl.1/6 ,1/2 ,work in 1/4, 1/2, 3/4 of the total period 30%, 60%, 95% progress respectively of value of work. In the event of the contractor failing to comply with this condition he shall be liable to 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 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 the provision of this Clause shall not exceed 10% of the estimated cost of the work to be done Reasonable progress of masonary work .1/10, 4/10 ,8/10 of as shown in the total value of the work to be donetender.