Liquidated Damages for Construction Delays

Topics:
Construction Services and Home Improvement
Tags:
Damage
Source:
misronet

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Overview: This paper gives a brief of the Liquidated damages and the corresponding legal stand in connection with construction delays. The courts in England and Australia are more inclined to honor freedom of contract, enforce the clauses of the contract regardless of the actual loss, after testing foresee ability of the "genuine pre-estimate of loss".

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Format: HTML | Pages: 3

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