Master Builders Victoria provides solution for liquidated damages

Master Builders Victoria has today proposed a practical solution, the ‘COVID-19 Contract Framework’, for one of the biggest issues facing the building and construction industry in 2021 – liquidated damages.

With the obvious hurdles of a workforce that was sometimes shutdown by 75%, and the knock-on effect of sub-contractors and suppliers not able to work near full capacity in 2020 due to unforeseen circumstances, there have been understandable delays on many projects around Victoria. This was further exacerbated by the full five-day industry shutdown in February 2021.

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