12 GCA § 8113.9
Liquidated Damages
View official PDF ↗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.
§ The story of this section
- Enacted by P.L. 21-117 § 10 (bill & sponsor pending — earlier Legislature not yet ingested)
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.