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How Contractors Can Prevent Liquidated Damages with Better Delay Tracking

Latest guide · Jul 20, 2026

How Contractors Can Prevent Liquidated Damages with Better Delay Tracking

A project can look profitable on paper until the schedule slips and the contract starts charging by the day. A few missed milestones can turn a healthy margin into a painful loss, especially when liquidated damages are written into the agreement.In construction contracts, liquidated damages are pre-agreed amounts the contractor may owe if the project is completed late. They are common on schools, multifamily projects, commercial buildings, public work, industrial jobs, and tenant improvements. T

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