Liquidated damages are
A) no longer legal
B) agreed to by the Contractor when the Contract is signed
C) inflated costs for not finishing on time
D) seldom enforced
Correct Answer:
Verified
Q1: The extra costs related to directed acceleration
Q2: Once a contract is signed, usually the
Q3: A Contractor knows the schedule is important
Q5: Liquidated damages are
A) seldom enforced
B) always enforced
C)
Q6: Delays along any part of the schedule
Q7: In regard to use of float
A) the
Q8: Float is often seen as belonging to
A)
Q9: If the Owner cannot extend the completion
Q10: In a non-compensable delay, the Contractor is
Q11: An Act of God will automatically increase
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