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Updated: 10-Sep-2018
Liquidated Damages for Ministry Contracts
The ministry has been deferring the collection of Liquidated Damages where there is an outstanding dispute with respect to an Extension of Contract Time Claim on a contract. For contracts advertised after July 1, 2018, the ministry’s intention is to return to deducting Liquidated Damages from progress payments as incurred or as an adjustment to the final payment for a contract.
