Liquidated damages
Brewer, G
Liquidated damages - 2002 - Contract Journal 415(6398) 9 October 2002, 30(1) .
Examines the role of liquidated damages in construction contracts, which are damages calculated according to a formula set out in the contract. In the case of "Peak Construction (Liverpool) Ltd v McKinney Foundations Ltd" CA 1 July 1970 errors were later found by a McKinney pilings subcontractor in the perimeter piles following completion of a 14-storey block of flats built by Peak Construction. Although it was agreed by the parties to appoint an independent expert engineer the housing corporation's committee caused a 58-week delay. As the contract did not permit an extension of time due to the employer's delay in authorising remedial work the liquidated damages provisions could not be applied.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
LIQUIDATED DAMAGES
PEAK CONSTRUCTION LIVERPOOL LTD V MCKINNEY FOUNDATIONS LTD
BUILDING DEFECTS
Liquidated damages - 2002 - Contract Journal 415(6398) 9 October 2002, 30(1) .
Examines the role of liquidated damages in construction contracts, which are damages calculated according to a formula set out in the contract. In the case of "Peak Construction (Liverpool) Ltd v McKinney Foundations Ltd" CA 1 July 1970 errors were later found by a McKinney pilings subcontractor in the perimeter piles following completion of a 14-storey block of flats built by Peak Construction. Although it was agreed by the parties to appoint an independent expert engineer the housing corporation's committee caused a 58-week delay. As the contract did not permit an extension of time due to the employer's delay in authorising remedial work the liquidated damages provisions could not be applied.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
LIQUIDATED DAMAGES
PEAK CONSTRUCTION LIVERPOOL LTD V MCKINNEY FOUNDATIONS LTD
BUILDING DEFECTS