NASC-Contractual-Guidance-Publication
Contractual Guidance

CG19:18 Liquidated and Ascertained Damages

Contracts impose obligations on the parties to the contract to complete their works within an agreed period of time. Should the Scaffolding Company fail to complete any of its obligations within the agreed period of time the Employer may be entitled to deduct LAD’s from the Scaffolding Companies account.  This guidance outlines the types of liquidated damages, enforcement and considerations.

2 pages

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