August 13, 2022

What are Liquidated Damages in Construction Contracts

Liquidated Damages is another important term discussed in construction contracts. Sometimes contractors misunderstand liquidated damages as a penalty for not completing the construction project within the stipulated time fame. However liquidated damages are not a penalty imposed on contractor.

Please check full article here: https://sihelaconsultants.com/liquidated-damages-in-construction-contracts/

Amila Gamage

Amila Gamage is the founder of Sihela Consultants and Builtlogy digital magazine. Her experience in the construction industry is over 17 years specializing in contract management. She is also an ACLP certified trainer in Singapore and conducts workshops and training sessions on related topics.

View all posts by Amila Gamage →