Part VI - LIMITATIONS ON DEDUCTIONS
Explanatory Note |
This section sets out those circumstances where the Contractor's financial liability under the payment mechanism is capped. The circumstances are an overall annual cap limited to the Unitary Charge, a cap on Performance Deductions acknowledging the Contractor's ability to pass performance risk to the Housing Management main sub-contractor and a monthly cash flow cap in the event that the Contractor is not in a position to make a payment to the Authority.