Common Contracts
1 similar Building Contract contracts
Building Contract – Liquidated Damages Clause – whether delay in payment is to be calculated with reference to the date the money ought to have been paid or with reference to the date of actual payment.Building Contract • June 5th, 2013
[1] The Claimant in this action seeks to recover $17,530,152,436,009.20 along with the costs of pursuing the action. This amount is said to represent interest due pursuant to Clause 60 (7) of a building contract consequent on a late payment. The detailed computation of the interest claimed is to be found at paragraph 8 of the particulars of claim.
