Philippine Government Procurement

Bridging gaps and breaking walls for a better understanding of procurement reforms

Navigation
 Portal
 Index
 Memberlist
 Profile
 FAQ
 Search
Latest topics
Top posters
engrjhez®
 
RDV @ GP3i
 
sunriser431
 
regina avelino
 
riddler
 
jcolas
 
Jovinal
 
btorres4
 
fe a. araya
 
amang'65
 


liquidated damages

Philippine Government Procurement :: RA 9184 Revised Implementing Rules and Regulations :: Procurement Methods :: Competitive Bidding

View previous topic View next topic Go down

liquidated damages

Post by salao on Fri Aug 23, 2013 2:34 pm

Good Day Everyone,

Upon completion of delivery and Liquidated damages is already computed, can a supplier be granted for a consideration that the liquidated damages be dropped or lowered? Are there any provisions, guidelines, or legal basis for this matter?

Thank you.
avatar
salao
Active Poster
Active Poster

Male Number of posts : 60
Company/Agency : DSWD-CAR
Occupation/Designation : BAC Secretariat
Registration date : 2012-05-11

http://www.car.dswd.gov.ph

Back to top Go down

Re: liquidated damages

Post by regina avelino on Mon Sep 02, 2013 11:26 am

the imposition of the liquidated damages against erring supplier/contractor is mandatory as the law expressly state "shall" on its provision. The implementation of such provision is very important to know if automatic termination of contract is necessary once the liquidated damages exceed 10% of the contract price.

regina avelino
Board General
Board General

Female Number of posts : 664
Company/Agency : gocc ncr
Occupation/Designation : staff
Registration date : 2012-02-15

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Philippine Government Procurement :: RA 9184 Revised Implementing Rules and Regulations :: Procurement Methods :: Competitive Bidding

 
Permissions in this forum:
You cannot reply to topics in this forum