Common use of Delay Costs Clause in Contracts

Delay Costs. Where the Supplier has been granted an Extension of Time under clause 21.1 for any delay caused by: (a) a Delay Event referred to in clause 21.1(b)(i); or (b) any other event for which payment of extra costs for delay or disruption is provided in the RFQ, Essential Energy shall pay to the Supplier such extra direct costs (excluding corporate overheads and similar charges and profit) as are necessarily and reasonably incurred by the Supplier by reason of the delay. Nothing in this clause 21.3 shall oblige Essential Energy to pay extra costs for delay which have already been included in another payment under the relevant Purchase Order Contract.

Appears in 1 contract

Sources: Supply Contract

Delay Costs. β€Œ Where the Supplier Contractor has been granted an Extension of Time under clause 21.1 for any delay caused by: (a) a Delay Event referred to in clause 21.1(b)(i21.1(a)(i); or (b) any other event for which payment of extra costs for delay or disruption is provided in the RFQrelevant Purchase Order Contract, Essential Energy shall pay to the Supplier Contractor such extra direct costs (excluding corporate overheads and similar charges and profit) as are necessarily and reasonably incurred by the Supplier Contractor by reason of the delay. Nothing in this clause 21.3 shall oblige Essential Energy to pay extra costs for delay which have already been included in another payment under the relevant Purchase Order Contract.Contract.β€Œ

Appears in 1 contract

Sources: Minor Works General Conditions

Delay Costs. Where the Supplier Contractor has been granted an Extension of Time under clause 21.1 for any delay caused by: (a) a Delay Event referred to in clause 21.1(b)(i21.1(a)(i); or (b) any other event for which payment of extra costs for delay or disruption is provided in the RFQrelevant Purchase Order Contract, Essential Energy shall pay to the Supplier Contractor such extra direct costs (excluding corporate overheads and similar charges and profit) as are necessarily and reasonably incurred by the Supplier Contractor by reason of the delay. Nothing in this clause 21.3 shall oblige Essential Energy to pay extra costs for delay which have already been included in another payment under the relevant Purchase Order Contract.

Appears in 1 contract

Sources: Minor Works General Conditions Panel Agreement