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Conges terminology question

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178 months ago

sarlata  See profile asked this question:

Language pair:

English > French

Subject:

Law / Certificates

Level of diffculty:

Easy / medium

Word or term in question:

liquidated damages

Context:

If the Consortium is liable towards the Employer for payment of liquidated damages, penalties or the like of delay damages and this due to one of the Parties, then such Party shall pay all the Delay Damages up to an amount arrived at by multiplying the agreed maximum percentage (or similar base) specified in the Contract with the portion of Contract Value of the said Party..........

merci

sarlata

 

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Complete list of answers and comments

Dommages-intérêts liquidés

My references:

Personal knowledge

The asker rated this answer best

dommages-intérêts liquidés

Comments by other colleagues on this answer:

178 months ago

JIGGSLAW- Coordinator of the Linguist-Lawyers Network  See profile wrote:

La clause de dommages-intérêts liquidés est une clause pénale qui a uniquement pour but de déterminer préventivement le montant des dommages à indemniser avec l' effect juridique de limiter les dommages-intérêts. La clause permet aux parties de prévoir et fixer le montant.

dommages-intérêts préalablement fixés par les parties

indemnité forfaitaire

My comment:

this is a per day or per week penalty for delays in some milestones (usually delivery) in the contract

178 months ago

Claude Le Frapper  See profile wrote:

indemnité forfaitaire

My comment:

this is a per day or per week penalty for delays in some milestones (usually delivery) in the contract