Contractor Entitled to be Paid Acceleration Costs: Introduction: Contractor’s Right to Acceleration Costs In construction projects, delays can often arise due to unforeseen circumstances, changes in scope, or the actions of the project owner. These delays can have a significant impact on the project’s timeline and cost. When a contractor is faced with delays that …
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Categorising Remedies, Damages Expectation damages, reliance damages and restitution. Remedies and damages are legal solutions that can be sought by a party who has suffered harm or loss as a result of a breach of contract or other legal wrongdoing. Three main types of damages are expectation damages, reliance damages, and restitution. Expectation damages: Expectation …
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Can a contractor challenge the liquidated damages ? Introduction: Challenging Liquidated Damages in Construction Contracts Liquidated damages are a predetermined amount of compensation that a contractor may be required to pay to the project owner in the event of a breach of contract, such as delays or non-performance. While liquidated damages are designed to provide …
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Can a Contractor Claim for Loss of Profit ? Claim under standard forms of contract All standard Forms of Contract provide for the Architect or the Engineer to order variations to the Works, and such variations may include omissions. Whenever variations are ordered that omit work, and particularly if such omissions are substantial in nature, contractors …
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