(1) The penalties for exceeding the contractual period notwithstanding, the contract may provide for specific penalties for non-compliance with the technical and safety measures.
(2) In any case, the cumulative amount of penalties shall not exceed 10% (ten per cent) of the tax-inclusive amount of the initial contract and its amendments, as applicable, under pain of termination.
Official text
Transcription: Spot-checked
In force from 20-06-2018
Source page 65
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 169 of the Public Contracts Code/akn/cm/act/decret/2018-06-20/2018-366
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