[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR11.502]

[Page 180]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 11_DESCRIBING AGENCY NEEDS--Table of Contents
 
                     Subpart 11.5_Liquidated Damages
 
Sec.  11.502  Procedures.

    (a) Include the applicable liquidated damages clause and liquidated 
damages rates in solicitations when the contract will contain liquidated 
damages provisions.
    (b) Construction contracts with liquidated damages provisions must 
describe the rate(s) of liquidated damages assessed per day of delay. 
The rate(s) should include the estimated daily cost of Government 
inspection and superintendence. The rate(s) should also include an 
amount for other expected expenses associated with delayed completion 
such as--
    (1) Renting substitute property; or
    (2) Paying additional allowance for living quarters.