Under the Supply Contract form the Supplier has failed to achieve the delivery date and are therefore liable to delay damages.
Our clause X7 states that: -
amount per day is £500 limited to 10% of the contract value
As there is no defined term in the contract wording for 'contract value' is this deemed to be the contract value at signature or the final contract value taking in to account CE's?
Our clause X7 states that: -
amount per day is £500 limited to 10% of the contract value
As there is no defined term in the contract wording for 'contract value' is this deemed to be the contract value at signature or the final contract value taking in to account CE's?