Joseph Voboril

Joseph Voboril

Tonkon Torp LLP

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The Liquidated Damages Provision in Construction Contracts: Include or Leave Out?

When representing owners on construction contracts, I often ask the owner whether they want to include a liquidated damages provision in the contract. A liquidated damages provision describes an amount of money, agreed upon...more

3/17/2023  /  Construction Contracts , Construction Industry , Construction Project , Contract Terms , General Contractors , Liquidated Damages , Timely Project Completion
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