Understanding the Difference: Liquidated Damages vs. Consequential Damages Explained. (EP 141)
Episode description
This week, Paul is joined by Cian Brennan, Managing Director at Quantum Contract Solutions, a company giving “contractual superpowers to construction companies”. Cian helps contractors navigate the choppy waters of construction projects and contracts and provides expert advice.
In this contractually focused conversation, we discuss the difference between Liquidated Damages and Consequential Damages and how you must negotiate both at the tender stage and throughout the contract's lifecycle. As always with Cian, real-life examples are brought to the table, and we share best practices if you get into similar positions.
Your free OTB download
As promised at the top of the show - I’ve shared a link to the download below:
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Want to connect with Paul?
Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com or through, C-Link.
C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS’ so much more efficient.
Book a demo to learn more by clicking here.
Want to connect with Paul?
Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com or through, C-Link.
Watch the Video to learn more; you can book a demo by clicking here.
C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS’ so much more efficient.