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What is the maximum retention amount in construction contracts?

Limit of retention is the maximum amount that can be retained in the construction contract. Suppose the retention % is 5% and limit of retention is 10%. On a contract value of Rs100.00. The first claim amounts to Rs20.00. Retention is Rs1.00 and net payment is Rs 19.00


Who pays court and lawyer fees when you are suing for a breach of contract in a building construction contract?

Losing party will pay some, but not all, costs. Each side is responsible for their own attorneys fees unless there is an attorneys fees provision in the contract.


What other fees apply when you signed a contract with verizonbesides activation fees and taxes?

The contract should detail all fees, charges, rights, and responsibilities. If it fails to do this then contact the company and ask relevant questions


What is defference between performance bank guarantee and retention bond?

A retention bond refers to a percent of contract value retained until work is finished. The performance bank guarantee is used to secure completion of conditions in the contract.


Is it true that unless stated in the contract the breaching party in the contract cannot be charged with legal fees?

No.


Why is fitness first membership available on eBay?

Because you can transfer your membership, which benefits both parties. The seller gets out of their contract and the buyer avoids the joining fees, and gets a shorter contract. (There is a fee for transfer but it's less than the joining fees and the exit fees.)


What relief are availble to the parties of contract warranty and condition in a sale of good contract or under the law of contract?

None. There are a select few ways to get out of your contract. You have to roam off network over 75% of use. If your company changes its fees such as administrative fees you have 30 days to cancel without penalty, if you express that is your reason.


What are the implications of including a prevailing party attorneys fees clause in a contract?

Including a prevailing party attorneys fees clause in a contract means that if one party wins a legal dispute related to the contract, the other party may have to pay their attorney fees. This can incentivize parties to resolve disputes outside of court and can impact the cost and risk of litigation.


Can you get out of your mobile contract earlier if you are unhappy?

Yes, but with a lot of early termination fees.


Are there any hidden fees involved with phone and internet bundles?

It depends on what company you go to, but there can always be hidden fees with any company. Look at the fine print in the contract to make sure you aren't paying installation fees and you aren't locked in a long contract (unless that's what you want).


Will it mess up your contract if you jailbreak your iPhone?

Just jailbreaking your iPhone won't mess up or void your contract. It will void your iPhone's warranty from Apple.Installing apps which allow you to tether your iPhone without paying the extra monthly tethering fees is violating the terms of your contract. There may be penalties, including contract termination and fees, if you are caught.


What are the implications of including a prevailing party attorney fees clause in a contract?

Including a prevailing party attorney fees clause in a contract means that if one party wins a legal dispute related to the contract, the losing party may have to pay the attorney fees of the winning party. This can incentivize parties to resolve disputes outside of court and can impact the cost and risk of litigation for both parties.