A fixed stipulated sum of penalty payable by the contractor for the ordinary damage having relation with the actual damage is known as
1). Liquidated damage
2). Unliquidated damage
3). Fixed penalty
4). Compensatory payment
Unliquidated damage:
It is a fixed stipulated sum of penalty payable by the contractor for the ordinary damage having relation with the actual damage.
Liquidated damage:
It is a fixed stipulated sum of penalty payable by the contractor for the damage having no relation with the actual damage.
Penalty:
Penalty is sort of fine for non-fulfilment of terms of contract.
Every contract usually should contain certain provisions for the penalty for the breach of terms and conditions of contract as for not maintaining the progress, for delay in completion, for bad work, etc.1. The entrained concrete is used in lining walls and roofs for making
2. For designing the venturi head,
3. Which one of the following statements is correct?
5. For large sewers, maximum distance between manholes may be
6. The reaction at the support B of the beam shown in below figure is
8. The maximum width of a vehicle as recommended by IRC is
9. The ratio of the rate of change of discharge of an outlet and parent channel, is known as
10. Slate