Performance Penalties for Works Phase Clause Samples

The Performance Penalties for Works Phase clause establishes financial or contractual penalties for failing to meet specified performance standards or deadlines during the execution phase of a project. Typically, this clause outlines the criteria for acceptable performance, the process for assessing compliance, and the calculation of penalties if targets are not achieved—for example, imposing daily fines for late completion or substandard work. Its core function is to incentivize timely and quality performance by holding parties accountable, thereby reducing the risk of project delays or inadequate results.
Performance Penalties for Works Phase 
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Related to Performance Penalties for Works Phase

  • Performance while Dispute is Pending Notwithstanding the existence of a dispute, the Supplier must continue without delay to carry out all of its responsibilities under the Contract that are not affected by the dispute. If the Supplier fails to continue without delay to perform its responsibilities under the Contract, in the accomplishment of all undisputed work, the Supplier will bear any additional costs incurred by Sourcewell and/or its Participating Entities as a result of such failure to proceed.

  • Performance Orders A Performance Order: (a) is an order made under clause 13.3.3(b), relating to a Relevant Dispute, whether by way of interim or final relief; and (b) may be applied for by Network Rail or the Train Operator in the circumstances set out in clause 8.1, subject to the qualifications in clause 17.8, and an application for a Performance Order shall be without prejudice to any other remedy available to the claimant under this contract (whether final or interim and whether by way of appeal under the Network Code or otherwise).

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Schedule The Parties will perform their respective responsibilities in accordance with the Performance Schedule. By executing this Agreement, Customer authorizes Motorola to proceed with contract performance.

  • Performance of the Work The Contractor shall perform all of the Work required for the complete and prompt execution of everything described or shown in, or reasonably implied from the Contract Documents for the above referenced Project.