Liquidated Damages Clauses: Essential and Easily Misunderstood

The liquidated damages clause is a key component of most construction contracts, but the clause must be carefully drafted to ensure enforceability. Learn to avoid common pitfalls when drafting and interpreting liquidated damages clauses.

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Related Content

• Liquidated Damages Clause (Private Project Construction Contract)
  Use this liquidated damages clause in your next construction contract.

• Owner-Contractor Agreements
  Read this practice note to ensure that contract provisions that can impact enforceability of a liquidated damages clause are properly drafted.

• Construction Dispute Resolution Resource Kit
  Review this resource kit to find a full set of construction dispute resolution resources.

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