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Liquidated and ascertained damages

Construction Papers 4

Liquidated and ascertained damages

Document Status

Current

Supplement

Construction Management Supplement

Series

Construction Papers

Abstract

Discusses the use of liquidated and ascertained damages in the payment of a fixed sum in the event of a breach of contract. Covers amount of liquidated and ascertained damages; calculation of liquidated damages; statement of liquidated damages; application of liquidated damages; and defences to the application of liquidated damages.

Author

Hibberd, P. R.

Subjects

Publisher History

With over 40,000 members the CIOB is a body of knowledge concerning the management of the total building process. CIOB members are skilled managers and professionals drawn from a wide range of professional disciplines working within building and construction supply chains. Publications include technical information sheets, guides, construction papers and Construction Information Quarterly.


Information

NBS

NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.

IHS

IHS is a leading global source of critical information and insight for customers in a broad range of industries. Our customer product and service solutions span four major areas of information: energy, product lifecycle management, environmental and security. By focusing on our customers first, we deliver data and expertise that enable innovative and successful decision-making. Customers range from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs more than 3,500 people in 35 locations around the world.

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