How much are the low performance damages included in the Contract Data?

How much are the low performance damages included in the Contract Data?

The low performance damages applicable within secondary option X7 if included in the Contract Data should be a genuine pre-estimate of the actual damages that the Employer will suffer as a result of the Contractor’s breach. They will be identified in Contract Data part 1 at tender stage as the price per day for exceeding the Completion Date and also any Sectional Completion Dates if X5 has also been used. The Contractor can/should therefore price any associated risk within their price.

We have seen them vary from £1/day, where the Employer was making it clear that any overrun would not be a Contractor risk (and hence reflected a cheaper tender price) to £60.000/day on the likes of Crossrail projects.