The Impact of Good Faith Principle on Construction Contracts: A Comprehensive Analysis Introduction The principle of good faith has emerged as a pivotal factor with far-reaching implications in various contractual arrangements. While it is widely acknowledged in most civil legal systems as a fundamental principle, its definition within the construction industry remains limited. Notably, common …
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Hudson Formula The so-called “Hudson Formula” is a topic of considerable debate within the legal and engineering communities. However, it is crucial to recognize that this formula lacks a solid foundation in both law and logic. Generally, it is widely accepted that damages and off-site overheads cannot be accurately determined through a rigid formula. While …
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