Escolar Documentos
Profissional Documentos
Cultura Documentos
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G.R. No. 146717. November 22, 2004.
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* SECOND DIVISION.
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314 SUPREME COURT REPORTS ANNOTATED
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TINGA, J.:
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14 Clause 8.2. Time for Completion. The Contractor shall complete all
the Works, including the Tests on Completion, in accordance with the
Program on or before the Target Completion Date. (Rollo, p. 125)
15 Vol. 1, Rollo, pp. 355-357.
16 8.7.1. If the Contractor fails to comply with Clause 8.2, the
Contractor shall pay to the Employer by way of liquidated damages
(Liquidated Damages for Delay) the amount of US$75,000 for each and
every day or part of a day that shall elapse between the Target
Completion Date and the Completion Date, provided that Liquidated
Damages for Delay payable by the Contractor shall in the aggregate not
exceed 20% of the Contract Price. The Contractor shall pay Liq
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uidated Damages for Delay for each day of the delay on the following
day without need of demand from the Employer.
17 Annex L, Rollo, pp. 383-402.
18 Annex N, Id., at pp. 406-409.
19 Annex O, Id., at pp. 412-423.
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62 Rollo, p. 493.
63 Aznar Brothers Realty Company v. Court of Appeals, G.R. No.
128102, 7 March 2000, 327 SCRA 359; Soriano v. Court of Appeals, 416
Phil. 226; 363 SCRA 725 (2001); Rodil Enterprises v. Court of Appeals,
G.R. No. 129609, 29 November 2001, 371 SCRA 79; Unionbank of the
Philippines v. Court of Appeals, 370 Phil. 837; 311 SCRA 795 (1999).
64 389 Phil. 20; 333 SCRA 472 (2000).
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67 Tantoy, Sr. v. Court of Appeals, G.R. No. 141427, April 20, 2001, 357
SCRA 329.
68 Bangko Silangan Development Bank v. Court of Appeals, 412 Phil.
755; 360 SCRA 422 (2001).
69 Tirona v. Alejo, G.R. No. 129313, October 10, 2001, 367 SCRA 17;
Manalo v. Court of Appeals, G.R. No. 141297, October 8, 2001, 366 SCRA
752.
70 Tantoy, Sr. v. Court of Appeals, supra note 67; Caviles v. Seventeenth
Division, Court of Appeals, G.R. No. 126857, September 18, 2002, 389
SCRA 306.
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Petition denied.
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