LDs and General Conditions

GENdex

Until recently our company has never been subject to a situation whereby the client/owner refuses to charge Liquidated Damages but the General Contractor attempted to charge us at 5X of the liquidated damages. Yes it is in the contract so make sure you modify yours to protect you. It was the general who delayed the start of the schedule. This cascaded through the rest of the subcontractors and thus we caught the wrath of a GC responsible for it’s own errors.

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