Wakefield Trinity • New Stand
BackSeatCoach wrote:
Liquidated damages have to be proven - it’s not a straight cutting of a £10k cheque every week.
Normally the builder and client cut a deal on variations etc if relations are still cordial.
Goes without saying but it will very much centre around the nature of the contract used to procure the works and who has contractually signed up to take the risk.
I believe some delays were the result of discovery of asbestos during the demolition phase and others significant ones were due to the labour issues, particularly bricklaying resource.
The contractor was involved with the project from a very early stage, however they did walk away for a while during the development phase so I would think the terms to get them back to the table would be fairly low risk on their side. I do know the MD of the contractor has done a number of stadium facilities in the past and lost money on them so again I would think the contract would have been traditional rather than design and build meaning the club would take on most of the risk.
Statistics: Posted by jonh — Sun Dec 17, 2023 1:49 pm — Replies 84 — Views 17473