Liquidated and ascertained damages (LAD) and requirements of mitigation
When a project is late in completion due to contractor’s fault, the employer is entitled to a contractual remedy by enforcing the Liquidated and Ascertained Damages (LAD) provisions. However, contractors often seek to challenge the enforceability of LAD by alleging that the employers suffer no los...
| Main Author: | Yong, Mei Lee |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
2006
|
| Subjects: | |
| Online Access: | http://eprints.utm.my/2363/ http://eprints.utm.my/2363/1/YongMeiLeeMFAB2006.pdf |
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