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Schedule-II and legal notice, the


charging of permit excess amount
fee / other charges collected by the
higher than contractor, on
prescribed under higher rates than
these rules or as specified in
otherwise. rules, shall be
recovered
alongwith
eighteen percent
interest and ten
percent of
security deposit
or rupees fifty
thousand
whichever less.
(ii) If breach
continues after
notice period, the
contract shall be
terminated with
forfeiture of
security deposit.
5. 44(17) 3(xvii) Non-payment of (i) If the breach is
installments of remedied by the
contract money in contractor within
advance as specified the notice period,
in agreement. no penalty shall
be imposed.
(ii) If the breach is
remedied by the
contractor after
notice period but
before
termination of
contract, twenty
percent of
security deposit
or rupees one lac,
whichever less,
shall be payable
by the contractor.
(iii) If the breach is
not remedied by
the contractor
after notice
period, contract

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