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...
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Main Author: | Yong, Mei Lee |
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Format: | Thesis |
Language: | English |
Published: |
2006
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Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/2363/1/YongMeiLeeMFAB2006.pdf |
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