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There's Some Big Metal Cage Like Structures On Our Hole at Falmer







Tony Meolas Loan Spell

Slut Faced Whores
Jul 15, 2004
18,069
Vamanos Pest
Maybe Mr Bloom has promised a nice fat bonus if they finish it early. Im sure there are also penalty clauses for finishing late as well.

Thats standard for consruction of this scale...
 
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brighton bluenose

Well-known member
Jan 6, 2006
1,396
Nicollet & 66th
Maybe Mr Bloom has promised a nice fat bonus if they finish it early. Im sure there are also penalty clauses for finishing late as well.

Thats standard for consruction of this scale...

It's illegal to have a 'penalty clause' under English contract law.

Construction contracts include 'liquidated and ascertained damages' (LAD's)
which are a pre-determined and agreed level of costs, generally on a weekly basis, for a delay to the contract and payable by the contractor if there is a delay to the contract period for which the contractor is to blame.

This amount is then included in sub-contracts so that if the s/c defaults time-wise the main contractor can, in turn, recover the costs from the sub-contractor.

So there! :)
 


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