Liquidated Damages

12 GCA § 8113.9 — under Guam Power Authority.

12 GCA § 8113.9

GPA shall provide that any contract awarded to a bidder to provide GPA with a generating unit shall include in the contract a provision which will impose liquidated damages of not less than $2,000 per day for each day beyond an agreed date that the contractor promises to activate a specific generating unit. The provisions in this section shall not apply in the case of force majeure to the extent of delays caused by such force majeure. The provisions of this section can not be waived. SOURCE: Added by P.L. 21-117:10 (July 15, 1992).

COL 2025-04-22