If you like DNray Forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...

 

Can Contractors Charge Fees for Missed Deadlines?

Started by savannahsgibson, Jun 01, 2023, 06:45 AM

Previous topic - Next topic

kavyapharma

It is permissible for contractors to charge fees for missed deadlines if the contract allows it. The purpose of these clauses is to ensure that projects are completed on time and that accountability is maintained.
  •  


SGR Catering

Contractors may charge missed deadline fees only if contracts specify penalties, deadlines, and causes; otherwise, charges are disputable or unenforceable.
  •  

pandithshivashankarji

When penalties or liquidated damages are included in the contract, contractors may charge fees for missed deadlines. There must be a clear understanding of the charges, they must be reasonable, and they must be agreed upon between both parties.
  •  


If you like DNray forum, you can support it by - BTC: bc1qppjcl3c2cyjazy6lepmrv3fh6ke9mxs7zpfky0 , TRC20 and more...