In a state like Florida that is a major hub for construction work, liquidated damages are one of the most important topics to understand. They have a major impact on the profitability of the job for the construction company. Liquidated damages Liquidated damages are a...
Many Florida construction contracts are written to provide for some form of liquidated damages. Liquidated damages are intended to be a legitimate estimate of certain losses that one party could suffer in case of a breach of contract. Specifically, liquidated damages...
When a building or home is constructed, one hopes that it is built in the manner it was planned and with the materials listed. However, sometimes issues arise in the construction process, causing the need to make changes to the original plans or replace materials with...
Residents of Miami, Florida and the surrounding area might want to know more about the law when it comes to construction. Issues with design, workmanship, materials, engineering and more can be problematic if mistakes have been made. Contracts are usually between the...
