Is there a limitation on the amount of delay damages under X7 and, if so, where do I find that in the contract?
I believe it is 10% but I cannot find any reference to that.
There is no limit on liquidated damages under the NEC4 contracts
Thank you for confirming that Steven
Martin Jagger
Tel. +44 7709 181691
I’m assuming these could be limited under an amendment?
Best Regards
Stuart Hasler
Custodial Director
GAME Engineering Ltd
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Thanks Stuart.
We don’t have an amendment.
Regards
Martin Jagger
Tel. +44 7709 181691
There is no limit on NEC unamended. A Z clause would be required to add a cap.
I personally think NEC unamended should have a cap as standard though, as in practice, most LD’s are capped at anywhere from between 5 to 20% of the contract value.