Backed up for days

Larry Caudle

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Backed up for days

机译：备份了几天

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Most public contracts contain liquidated damages clauses, which set daily amounts assessed against a contractor that fails to complete the project in a timely manner. Although initially viewed as an unlawful penalty in early court decisions, liquidated damage clauses are generally enforced today. Consequently, when a court rejects a liquidated damages clause, it is newsworthy. In Boone Coleman Constr., Inc. v. Village of Piketon, 13 N.E.3d 1190 (Oh. App. 2014), a contractor entered into a $683,300 contract with the village of Piketon to install a traffic light and perform improvements to a busy intersection. The contract stated that work must be substantially completed within 120 days or the contractor must pay $700/day as liquidated damages. When the contractor finished the project 397 days late, the village assessed damages of $277,900 against the contractor.

机译：大多数公共合同都包含违约赔偿金条款，该条款规定了每天对未能及时完成项目的承包商进行评估的金额。尽管起初在法院早期判决中将违约金视为违法处罚，但今天通常执行违约赔偿金条款。因此，当法院驳回违约金条款时，具有新闻价值。在Boone Coleman Constr。，Inc.诉Piketon村，NE13d 1190（Oh。App。2014）中，承包商与Piketon村签订了683,300美元的合同，以安装交通灯并改善繁忙的十字路口。合同规定，工作必须在120天内基本完成，否则承包商必须每天支付700美元的违约金。当承包商迟到397天完成项目时，村庄对承包商的损失评估为277,900美元。

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《Roads & bridges》 |2015年第3期|16-16|共1页
作者
Larry Caudle;
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Backed up for days

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