liquidated damages in construction

Liquidated Damages/Delay Damages: A Deep Dive into FIDIC’s Clause 8.7

In the realm of construction contracts, particularly under the FIDIC Yellow Book 1999, the concept of liquidated damages is pivotal. Clause 8.7, focusing on Delay Damages, is a key provision that governs the consequences of delayed project completion.

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Employer’s Entitlement to Termination in Construction Contracts

Clause 15.5

Clause 15.5 in the FIDIC Yellow Book 1999 addresses the Employer's right to terminate the contract at their convenience. This clause is significant as it provides the Employer with the authority to end the contract without the Contractor being in breach.

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