What are liquidated and ascertained damages?

Harry King is a junior associate at law firm Quigg Golden Liquidated damages, also known as liquidated and ascertained damages (LADs), are a contractual agreement on damages that are designed to cover costs when a project runs past the agreed completion date. LADs are common… The post What are liquidated and ascertained damages? appeared first on Construction News.

HS2 eyeing 2030 completion date for Phase 1

Interim chair also criticises contractors’ cost-plus contracts, saying they don’t give ‘me any real levers’ for firms to improve performance

Completion date slips for Farrans £145m Gull Wing bridge

Council gives update as "significant risks and challenges remain"

Manchester Town Hall renovation faces delays and budget hike

Renovation work on Manchester’s Our Town Hall (OTH) project is experiencing delays amid “challenges it is continuing to face”, and there is continued uncertainty about the completion date, Manchester City Council has warned. The council said the finish date, originally set for July 2024, would… The post Manchester Town Hall renovation faces delays and budget hike appeared first on Construction News.

Australia’s £3.3bn hydro-electric project delayed by up to two years

Australia’s hydroelectric megaproject Snowy 2.0 has seen its completion date pushed back by 12 to 24 months due to numerous unforeseen hurdles. The post Australia’s £3.3bn hydro-electric project delayed by up to two years appeared first on New Civil Engineer.

Constructacademy - NEC Contract - Defined and Identified Terms Explained, 04072021

This video explains what Defined and Identified Terms are in the NEC Contract. Understanding the role these terms play is fundamental to navigating and administering the NEC3 & NEC4 contracts. The NEC Contract has a different drafting structure to other forms of contract so it is essential that you understand how this contract is structured to enable you to understand and adminster the NEC contract This video will help you understand how to operate the NEC contract

Association for Project Management - NEC Contracts - Programmes under ECC and PSC, 20072021

NEC contracts have better and more proscriptive requirements for programme than any other contract. Known as 'the beating heart' of the NEC, the programme is critical for day to day management and for the assessment of compensation events. This session will give you the details.

Building Magazine - Essential law - Variations, part four, 04092020

Continuing the series on the basics of construction law, James Worthington and Vanessa Jones address the scope to omit works under a building contract

Wright Hassall LLP, LawBytes - The Significance of Practical Completion, 01122020

Philip Harris, Partner and Construction Lawyer with Wright Hassall explains the significance of practical completion

Can a delay notice be submitted after the completion date and can it be backdated?