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Liquidated damages are becoming a bigger challenge for subcontractors, especially post-COVID. Builders are using them more aggressively, sometimes unfairly holding subcontractors responsible for delays they didn't cause—or even helped avoid. On today's episode of the Tricks of your Trade podcast I break down the key contract clauses you need to review to protect your business, including commencement dates, practical completion, qualifying causes of delay, and more.
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By Michelle CirsonLiquidated damages are becoming a bigger challenge for subcontractors, especially post-COVID. Builders are using them more aggressively, sometimes unfairly holding subcontractors responsible for delays they didn't cause—or even helped avoid. On today's episode of the Tricks of your Trade podcast I break down the key contract clauses you need to review to protect your business, including commencement dates, practical completion, qualifying causes of delay, and more.
-----------------------------------------------------------------------------------
Download Michelle's Freebies!
Explore ways to get more of Michelle in your world
Get Your fix on Social Media
Share the love