It is possible to collect a penalty for violation of contract obligations once

3 August 2016, Wednesday

If the contractor, the supplier or the contractor have not fulfilled contract obligation or has performed them in an inadequate way, the customer collects a penalty once.

Such conclusion of the Ministry of Economic Development is based, in particular, on the court practice connected using regulations of the Civil Code of the Russian Federation on a penalty. In one of decisions it is specified: the penalty as a kind of a penalty is established in a certain sum of money or as a percentage and collected once.

We will note that for delay of obligation fulfillment under the contract the supplier, the contractor or the contractor pays a penalty fee. They are charged for each day of delay.

Document: The letter of the Ministry of Economic Development of the Russian Federation from 3/18/2016 N D28i-706

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