Posts Tagged ‘Liquidated Damages’

The Hidden Costs of Project Delays: Why Recovery Plans Matter!

Every project manager has been there – watching helplessly as schedules slip, budgets balloon, and stakeholders grow increasingly anxious. Project delays aren’t just inconvenient scheduling hiccups; they’re business-critical events that can make or break organizations. Whether you’re a contractor struggling to maintain cash flow or an owner watching potential revenue evaporate, the ripple effects of…

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INTRODUCTION TO EPC CONTRACTS Part 2

In this second part of our series on Introduction to Engineering and Construction (EPC) Contracts, I intend to further emphasize the need for all project key personnel to be thoroughly familiar with and understand the contract.

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