Common use of Delay Payments Clause in Contracts

Delay Payments. If a Milestone has not been achieved by the relevant Milestone Date, the Contractor shall pay to the Authority Delay Payments in accordance with the table as set out in Part 6.1 of the Order Form for each day of delay from and including the relevant Milestone Date until and including the date on which the relevant Milestone Criteria are actually achieved and the Authority provides the Contractor with a Milestone Achievement Certificate.

Appears in 2 contracts

Sources: Information Technology Research Services Agreement, It Advisory Services Agreement

Delay Payments. 9.1 If a Milestone has not been achieved by the relevant Milestone Date, the Contractor shall pay to the Authority Delay Payments in accordance with the following table as set out in Part 6.1 of the Order Form for each day of delay from and including the relevant Milestone Date until and including the date on which the relevant Milestone Criteria criteria are actually achieved and the Authority provides the Contractor with a Milestone Achievement Certificate.

Appears in 1 contract

Sources: Ict Services Agreement