Page Tags: Performance

Does Faith (Good) Matters in Construction Contracts?

Does Faith (Good) Matters in Construction Contracts?    The Importance of Faith in Construction Contracts: A Key Factor for Success Introduction: The Significance of Faith in Construction Contracts Construction contracts are complex legal agreements that govern the relationships and obligations between various parties involved in a construction project. While the terms and conditions of a …

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Organisation Culture and Leadership

Organisation Culture and Leadership Culture | THE ROLE OF ORGANIZATIONAL CULTURE IN CONSTRUCTION PARTNERING TO PRODUCE INNOVATION The construction industry is commonly being cited as a multifaceted industry, of many adversarial relationships due to different parties collaborating in temporary organizations working together towards completing a project. The industry is also widely being cited as being …

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Can a contractor challenge the liquidated damages ?

liquidated damages

Can a contractor challenge the liquidated damages ? What are liquidated damages? Sum of money (agreed-to and written into a contract) specified as the total amount of compensation an aggrieved party should get, if the other party breaches certain part(s) of the contract. The contract also establishes what actions or failures to act constitute a …

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