Webinar - Consequences of failing to complete the works before the completion date and LADs under JCT D&B Contract

This topic is for all questions raised on our webinar “Consequences of failing to complete the works before the completion date and LADs under JCT D&B Contract”. If you haven’t already attended it, you can sign up here Webinar - Consequences Failing to Complete the Works Before the Comple | Built Intelligence

What’s it about?

The aim of this webinar is to describe the consequences of failure to complete the works before the completion date and what is meant by Liquated and Ascertained Damages (LADs) under the JCT Design and Build Contract.

You will learn

By the end of this webinar you will be able to:

  1. Explain in brief the consequences for the contractor of failing to complete the works before the completion date under DB16 and key case law.
  2. Explain the definition of liquidated and ascertained damages or LADs and the relevant case law about them.
    @stevencevans

You stated that the ‘old’ belief was just that L&AD should be a genuine pre-estimate. The later comments seemed to reinforce this presumption, not contradict it. Is that correct or did I miss something?

Please distinguish between the 3 notices?

It used to be that the LADs must be a genuine pre-estimate of the loss, but recent case law now suggests that the court will take into account other factors such as the commercial interest of the parties

Thank you for your reply and update.

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