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Liquidated damages

By: Language: English Series: Civil Engineering Surveyor ; 17(1) February 1992, 17-18(2)Publication details: 1992Subject(s): Summary: Examines the minefield of damages for delay in construction contracts covering liquidated and ascertained damages, a tailor made and pre-determined remedy for one party to a construction contract to compensate it for the costs of delay in late performance caused by another party. Concentrates on the relationship between the employer and main contractor. Quotes case law.

Examines the minefield of damages for delay in construction contracts covering liquidated and ascertained damages, a tailor made and pre-determined remedy for one party to a construction contract to compensate it for the costs of delay in late performance caused by another party. Concentrates on the relationship between the employer and main contractor. Quotes case law.