Notice condition precedent to claim liquidated ascertained damages (LAD)
Most forms of building contract include a clause entitling the employer to a specified amount of damages, referred to as liquidated and ascertained damages (LAD) if the contractor is late in constructing a project. This clause sets out the procedure and condition that need to be followed by the empl...
| Main Author: | |
|---|---|
| Format: | Thesis |
| Published: |
2011.
|
| Subjects: | |
| Online Access: | Get fulltext |