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Streetwise Guide to Liquidated Damages

In a perfect world every construction project would start and finish on time.

In the real world some do, but an awful lot don’t. As a Specialist Contractor you will know only too well that Construction is a complex process.

Your works become delayed and disrupted, variations are ordered and things don’t always go according to plan. Then low and behold at the end of the job the Contractor accuses you of delay and starts threatening you with liquidated damages!

So how do Specialist Contractors find out where you stand in regard to your liability for liquidated damages?

Firstly, you need to know that if as a Specialist Contractor you do genuinely delay the Contractor you will become liable for not only liquidated damages, but for what I call 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!

So, to avoid incurring serious financial damages from the Contractor you need to read our Free Report about liquidated damages and how to avoid them.

You can access your Free Report by clicking on the link below.

But if you have an urgent problem about which you would like some initial Free Advice please call us now on 01773 712116.

To continue reading this report please click the link below if you are logged in. If you are not you will need to login.

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