(1)
The procurement contract shall
specify the remedies available to the public body in the event of breach of the
procurement contract by the contractor.
(2)
The remedies referred to in
paragraph (1) shall include -
(a)
rejection
of defective performance;
(b)
prompt
removal and replacement of defective goods;
(c) liquidated
damages for delay, in accordance with a rate specified for each week or other
unit of time, or part thereof, of delay;
(d) termination of
the contract and purchase of replacement performance, at the expense of the
defaulting party;
(e)
such other
remedies as may be available under the applicable law.