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shall be
terminated with
forfeiture of
security deposit.
6. 40(3), 3(xxii) Non-payment of (i) If the breach is
41(2) difference of security remedied within
deposit and the notice period,
performance security no penalty shall
due to enhancement be imposed.
of contract amount. (ii) If the breach is
remedied after
notice period but
before
termination of
contract, four
percent of
security deposit
or rupees forty
thousand,
whichever less,
shall be payable
by the contractor.
(iii) If the breach is
not remedied by
the contractor
after notice
period, contract
shall be
terminated with
forfeiture of
security deposit.

7. - - All other remedial (i) If the breach is

breaches not remedied after
mentioned above. notice period but
within thirty days
from the date of
receipt of notice,
ten percent of
security deposit
shall be forfeited
subject to
minimum rupees
ten thousand and
maximum rupees
fifty thousand.
(ii) If the breach is