Settlement of disputes between the contractor and the owner If you do not pay according to the date indicated in the agreement, you may want to pay the fine. Similarly, the contractor is obliged to pay a penalty if it has not completed the project within the time limit. Although the cost of different types of raw materials increases, the contractor should respect the contract and deliver it according to the schedule. 21. If the workers made available by the Contractor for the loading and unloading of the cargo are required to work more than 8 hours, the Contractor shall be required to pay the overtime wage prescribed by law. The company reimburses wages paid as overtime. .