Is the delay penalty stipulated in the contract calculated based on the basic contract value, or on the total contract amount including additional works?
Legal Answer
Radiif AI Legal Assistant
⚡ Quick Answer:
The delay penalty stipulated in the contract is calculated based on the basic contract value, unless it is conclusively established that it was stipulated for the additional works or there is an express agreement to that effect.
Legal References & Citations
الاتفاقية قد نصت على غرامة تأخير بنسبة 10% من قيمة العقد
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