Delay penalty beyond the delivery date / Completion date as specified in the scope of work will be applied the rate 1% of total contact value per day of delay and shall be no limited in total.
Accident penalty to be applied value 1% OF TOTAL CONTRACT VALUE PER INCIDENT IN CASE THE CONTRACTOR FAILS TO COMPANY WITH THE HMC's rules, regulation and standard requirements.
Insurance : Construction All Risks (CAR) insurance value shall be covering the total contract/PO value but minimum at 3 MM Baht.