Contract penalty

Liquidated damages, delay damages and bonus clauses extracted from contract documents, one per clause.

Part of Contracts in the register catalog.

Register ID

contract_penaltyUse this name to ask for the register. The API calls it a shelf ID.

Each record is

A stateThe current value of something, replaced when it changes.

Status

DeclaredDefined, and fills when a source produces its first record.

Data

OrganisationPrivate to each organisation's own workspace.

Version

v1Current version.

Download JSON SchemaSee an example record

Standards

This register holds records these standards and laws ask for. Holding them does not by itself certify compliance.

• AS 4000General conditions of contractAustralia
• AS 2124General conditions of contract (1992)Australia

Connectors

Connected today

Demiton keeps this register current from these systems now.

No system fills this register yet.

On the roadmap

Systems in the planned connector rollout that can fill this register. Partial means the system holds only some of its fields.

None planned yet.

Fields

10 fields: 3 required, 7 optional.

Required

Every record carries these fields.

milestone_nameText

The milestone / completion event whose failure the penalty attaches to.

Example: Practical Completion - Emerald Street Rejuvenation

penalty_typeText

Class of consequence; producer default liquidated_damages

Example: liquidated_damages

rate_currencyText

Currency of rate_per_day and cap_amount

Example: AUD

Optional

Present when the source system records them.

rate_per_dayNumberUnit: currency/day

Liquidated damages accruing per day of delay.

Example: 2500

cap_amountNumberUnit: currency

Maximum total the penalty can reach.

Example: 250000

cap_descriptionText

How the cap is expressed when it is not a simple amount.

Example: Capped at 10% of contract value

clause_referenceText

The contract clause the penalty is drawn from.

Example: GC21 Clause 34.7

descriptionText

Free-text clause content or summary.

Example: Liquidated damages for late practical completion beyond t…

source_web_urlText

Locator of the source document/web page the clause was read from.

Example: https://www.vendorpanel.com.au/tsi.axd?id=0592052ee9cf4fc…

confidenceText

Qualitative extraction confidence.

Example: high

Example record

A sample from Bridgeworks Group, Demiton's demonstration company. The values are illustrative; the shape is exactly what the contract describes.

contract_penalty.example.json

{
  "cap_amount": 250000,
  "cap_description": "Capped at 10% of contract value",
  "clause_reference": "GC21 Clause 34.7",
  "confidence": "high",
  "description": "Liquidated damages for late practical completion beyond the date for practical completion.",
  "milestone_name": "Practical Completion - Emerald Street Rejuvenation",
  "penalty_type": "liquidated_damages",
  "rate_currency": "AUD",
  "rate_per_day": 2500,
  "source_web_url": "https://www.vendorpanel.com.au/tsi.axd?id=0592052ee9cf4fc78214477bf69400cfs508003s50c818bb80c044cab1c37a23ba39eee8s1554"
}

Use this contract

The contract is a standard JSON Schema (draft 2020-12) document, so any JSON Schema validator can check a record against it. Keywords starting with x-demiton- add Demiton's own meaning, such as units and requiredness, and validators ignore them.

Schema URL

https://docs.demiton.io/registers/contract_penalty/v1.json

Show the full JSON Schema

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