Liquidated Damages Article Published
SPW’s Construction and Engineering partner has published an article on Liquidated damages.
Liquidated damages are defined as “a fixed or determined sum agreed by the parties to a contract to be payable on breach by one of the parties”.
The article can be found here: http://www.spw-law.co.uk/legal-articles.html
For more information on liquidated damages or construction law in general, please contact Martin Wood.