Davenport, P (1993) Extensions of time: time for change. Construction Management and Economics, 11(4), pp. 305-307. ISSN 01446193
Abstract
Extension of time and liquidated damages clauses have remained virtually unchanged for over a century and continue to give rise to the same problems. A new approach would be to have a target date for completion and no extensions of time or liquidated damages. The contract price would be reduced by an amount per day of overrun. There would be credits to reflect days when the contractor is prevented from working by certain defined events. The emphasis would be on the extent to which the contractor is prevented from working rather than the extent to which the contractor is delayed. The new approach may facilitate the administration of contracts.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | concurrent delays; effective contract clauses; extension of time; liquidated damages |
| Index terms: | overrun, liquidated damages |
| Subjects: | contractual remedy, project controls |
| Topics: | Contract Administration, Time Control |
| Descriptive scope: | 1 C |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here