Encyclopedia category

Contract

2 entries in Contract.

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Letter C · Updated 2026-07-02

Concurrent Delay

Two or more delay events, one owner-caused and one contractor-caused, running in the same window and each independently capable of delaying completion.

Letter L · Updated 2026-07-01

Liquidated Damages

A pre-agreed contractual sum payable by the contractor for each day of delay beyond the contract completion date — a substitute for proving actual loss.

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