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Liquidated Damages

Construction contracts commonly make express provision for the amount of damages to be paid by the contractor, if it fails to complete the works by the agreed completion date. Liquidated damages can be viewed as an agreed amount to be paid to the employer, if the contractor does not complete on time, the contractor can take the risk in relation to time.

There is a distinct and developed line of case law in relation to liquidated damages and ELA has extensive knowledge and experience within this field.

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