Condiciones Generales Uniformes para la Contratación de Obras Pública en Puerto Rico. Incluye Analisis de Flexibilidad

- 65 - UNIFORM GENERAL CONDITIONS FOR PUBLIC WORKS CONTRACTS SCHEDULE OF LIQUIDATED DAMAGES Original Contract Price Daily Charge From More Than To and Including $ 0.00 $ 99,999.99 $ 300.00 $ 100,000.00 $ 499,999.99 $ 400.00 $ 500,000.00 $ 999,999.99 $ 800.00 1,000,000.00 1,999,999.99 $ 1,000.00 2,000,000.00 $ 4,999,999.99 $ 2,000.00 5,000,000.00 $9,999,999.99 $ 3,000.00 $ 10,000,000.00 $19,999,999.99 $ 4,000.00 $ 20,000,000.00 $29,999,999.99 $ 5,000.00 $ 30,000,000.00 $39,999,999.99 $6,000.00 $ 40,000,000.00 $49,999,999.99 $7,000.00 Over $50,000,000.00 Unlimited $8,000.00 or as otherwise indicated in the Special Conditions 9.5.2. This amount will be deducted from any money due or that may become due the Contractor or his Surety by Owner. 9.5.3. The Original Contract Price in the above schedule of Liquidated Damages for unit price projects refers to the total original contract amount including all the units in a multi-unit contract. Liquidated damages will be applied on multi-unit contracts based on the daily charges applicable to the total original contract amount. 9.5.4. The amount stipulated in Article 9.5.1, or otherwise if otherwise specified in the Contract Document, as the case may be, shall be considered and treated not as a penalty, but as a total, fixed, and agreed upon liquidated damages due the Owner by the Contractor or, by the Surety in case of Termination for Cause, for and including but not limited to, public inconvenience, obstruction to traffic, interference with and/or loss of business, increase of engineering, inspection and administrative cost to the Owner; and other costs and expenses which have caused an expenditure of public funds, resulting from the Contractor's, or in case of Termination for Cause of the Surety's, failure to complete the work within the time specified in the Contract. 9.5.5. Permitting the Contractor to continue and finish the Work or any part thereof after expiration of the time limit for Substantial Completion described in Article 9.1.4 shall in no way operate as a waiver of any right or remedy available to Owner under this Contract or at law. - 66 - - UNIFORM GENERAL CONDITIONS FOR PUBLIC WORKS CONTRACTS 9.6 Early Completion Incentive 9.6.1. Unless otherwise stated in the Contract Documents, should Contractor Substantially Complete the Work before expiration of the Contract Time as extended by the Owner, the Contractor shall receive an incentive pay from the Owner equal to one half (1/2) of the stipulated liquidated damages for each calendar day the Work is Substantially Completed prior to the time limit to complete the Work described in Article 9.1.4.