Construction industry involves contracts with many things involve in making a project, once a project did not make it to the deadline, liquidated damages are used to gauge the risks. Get a full grasp on how these works in contracts in the construction by tuning on the CPD talk by the College of Contract Management. https://www.uniccm.com/course/cpd-talks-avoid-the-hit-navigating-liqui... https://www.uniccm.com/course/cpd-talks-avoid-the-hit-navigating-liquidated-damages-in-construction-contracts