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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Dodge Conflict: Navigate Contract Termination Settlements Like a Pro

Clause 15.4

Clause 15.4 in the FIDIC Yellow Book 1999 outlines the procedures and obligations regarding payments after the termination of a contract. This clause becomes relevant when a contract is terminated, particularly under the provisions of Sub-Clause 15.2 [Termination by Employer].

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