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Streetwise Guide to Liquidated Damages

In a perfect world every project would start and finish on time. In the real world some do, but an awful lot don’t. As you well know, Construction is a complex process; delays occur, disputes arise, variations are ordered and things don’t always go according to plan.

So where do specialist sub-contractors stand in all this?

If a Specialist Sub-Contractor delays the Contractor that that Sub-Contractor will become liable for a thick sandwich of costs!

This sandwich is made up of the Liquidated Damages, the Contractors own costs and any other costs that the Contractor incurs, such as those of all his other Sub-Contractors ...

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