The COA pointed out that under the RIRR of RA 9184, contractors who fail to satisfactorily complete the work within the specified time in the contract despite the extension granted, shall pay the procuring entity for liquidated damages
"equal to at least one tenth of one percent of the cost of the unperformed portion of the works for every day of delay." The COA said the 44 contracts totaling P12.245 billion have incurred significant period of delays in completion and yet no LDs were imposed against the erring contractors.
COA said it computed the liquidated damages
for the ten contracts to P74.304 million as of December 31, 2018, adding that suppliers failed to deliver the purchased items for a period ranging from 71 to 557 days of delays.
If there is extension required by the contractor, the imposition of the liquidated damages
may be considered', the report recommended.
Plaintiff seeks recovery of $29,450.19 in back wages and the same in liquidated damages
, as well as $11,197.50 in attorney's fees.
Also, when employers choose to participate in the program and proactively work with WHD to fix and resolve the compensation practices at issue, an employer can avoid the potential for liquidated damages
and civil and criminal penalties.
"I believe this combination of liquidated damages
with an additional financial commitment from ETS reflects the correct balance of accountability for the recent past and safeguards for the future," Texas Education Commissioner Mike Morath said at the time.
were retained by the company, under the terms of the EPC contract, as a consequence of delays to the commercial operation date of the plant.
Thus, Cummings argued, the automatic extension kicked in at the end of the lease term, leaving SpineFrontier in default of the extended lease and entitling Cummings to immediate payment of five years' rent approximately $1.7 million as liquidated damages
.<br />Judge Peter M.
State auditors also faulted PTNI for failing to impose P67.179 million in liquidated damages
on various suppliers that did not deliver the procured goods on time.
After reviewing two employment contracts, Bloomberg reports that some Sinclair Broadcast employees were subject to a liquidated damages
clause for leaving before the term of their agreement was up.
20-6-2006, the present appellant; firstly, approached the Ombudsman and complaint of the appellant was decided by the Ombudsman in her favor on 8-3-2003, and respondent-Corporation was held bound to pay liquidated damages
in addition to group insurance policy proceeds to the appellant.
According to the company, the agreement resolves all past commercial issues and increases the certainty of the project schedule, which has all three liquefaction trains producing LNG in 2019; provides incentive bonus payments related to expedited project completion; as well as waiver of any schedule-related liquidated damages
related to the original contract and reestablishment of liquidated damage
start dates according to the settlement.
If an employee brings a wage claim at the DOL and prevails, in addition to the bonus amount, the DOL could award liquidated damages
, which is an additional amount equaling the bonus owed.
It is settled law in most common law and western jurisdictions that demurrage is considered a claim for liquidated damages
. Under UAE law, demurrage is considered, for a finite time period, part of the hire owed by the charterer to the owner and, thereafter, is considered a claim for liquidated damages
Chief amongst these mechanisms are liquidated damages
clauses that seek to give to an event of breach of the contract at an unpredictable time with unpredictable consequences, certain quantification.