What are delay damages?

BuiltIntelligence · 16 October 2012 13:59

BuiltIntelligence · 16 October 2012 14:00

Delay damages are liquidated damages paid by the Contractor if he fails to complete the works by the Completion Date.

Topic		Replies	Views
From what point does the Contractor pay delay damages? Secondary X, W and Y options	1	646	16 October 2012
What is the rate of delay damages to be paid by the Contractor? Secondary X, W and Y options	1	644	16 October 2012
Is there a limit to the amount of delay damages a Contractor will pay? Secondary X, W and Y options	1	590	16 October 2012
Why might the Completion Date be changed to a later date after the Contractor has paid delayed damages? Secondary X, W and Y options	1	575	16 October 2012
Are there other types of liquidated damages besides delay damages in NEC contracts? Secondary X, W and Y options	1	756	16 October 2012